1. US stock options trading list

1.$Tesla (TSLA.US)$Overnight, it fell by more than 4%, and the trading volume of options was 2.95 million, surging by more than 50% from the previous trading day. The bearish ratio rose for three consecutive days to 62%. PUT trading volume with an exercise price of 170 US dollars due on Friday was the highest, with over 230,000 orders and 36,000 unclosed positions. Additionally, single put options with an exercise price of 148 US dollars, which expired on the same day surged 4 times.

Wells Fargo analyst Colin Langan called Tesla a “growth company with no growth” and downgraded its rating to “sell” because the company's price reduction strategy is gradually weakening, and the target price was lowered from $200 to $125. This is currently one of the lowest target prices given by Wall Street for Tesla, which means the stock will drop another 30%.

2,$NVIDIA (NVDA.US)$Overnight options traded at 1.46 million, a decrease of 16% from the average daily volume, and a slight decline to 63% from the bullish ratio. Calls due on Friday with an exercise price of $900 had the highest trading volume, with 82,000 orders and 22,000 unclosed positions. An inquiry on large orders with a turnover of 10 million US dollars or more revealed that when Nvidia's stock price was 890.28 US dollars, a put due on May 17 and the exercise price was 925 US dollars.

The Bank of America reaffirmed Nvidia's “buy” rating in the report and raised its target price from $925 to $1,100, which is equivalent to about 20% room for growth compared to the current stock price level. Bank of America analyst Vivek Arya said, “Despite excellent performance year to date, Nvidia's valuation and holding weight are still attractive compared to semiconductor/IT peers.”

3. “Nvidia Concept Stock”$SoundHound AI (SOUN.US)$Overnight, it rose by nearly 25%, and has surged more than 70% in the last 6 trading days. The number of options traded last night was 390,000, surging by more than 110% from the average daily turnover, with a bullish ratio of 80%. The trading volume for a call with an exercise price of 6 US dollars on Friday was 57,000, and the number of unclosed positions was about 8,800. Additionally, a single call option with an exercise price of 9 US dollars, which expires on the same day, surged 13 times.

According to information, SoundHound AI is a unicorn focusing on voice artificial intelligence and conversational intelligence technology. Wedbush analyst Dan Ives said, “As technology continues to mature and AI demand is growing, SoundHound AI's voice-enabled AI and conversational intelligence technology will find a wide range of application scenarios in multiple industries, and demand for AI voice technology in various industries is expected to grow, which is a positive sign for SoundHound AI.”

II. The trading list of US stock indexes and industry ETF options

On Wednesday EST, US Treasury Secretary Yellen said in an interview that it is expected that a slowdown in the trend of rising housing costs will help reduce inflation in 2024. Housing costs account for the largest share in the Consumer Price Index (CPI), about one-third. She also said that US bond yields are unlikely to fall back to pre-COVID-19 low levels. By the close, the three major US stock indices had mixed ups and downs.

$SPDR S&P 500 ETF (SPY.US)$The trading volume of options was 6.87 million, a decrease of 20% from the average daily turnover, and the bullish ratio increased from 43.2% to 48.3%;$Invesco QQQ Trust (QQQ.US)$The trading volume of options was 3.43 million, down 15% from the previous trading day, and the bullish ratio rose from 43.5% to 50.8%.

3. Implicit Volatility (IV) Fluctuation List of Individual Stocks

Risk warning

An option is a contract that gives a holder the right, but no obligation, to buy or sell an asset at a fixed price on or at any time prior to that date. The price of an option is affected by a number of factors, including the underlying asset's current price, exercise price, expiration time, and implied volatility.

The implied volatility reflects the market's expectations for options to fluctuate over a period of time to come. It is data inverted by the options BS pricing model, and is generally viewed as an indicator of market sentiment. When investors anticipate greater volatility, they may be more willing to pay higher options to help hedge risks, leading to higher implied volatility.

Traders and investors use implied volatility to assess the appeal of option prices, identify potential mispricing, and manage risk exposure.

Disclaimers

This content does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments. The risk of losing money when trading options can be extremely high. In some cases, you may lose more than the amount of your initial deposit. Even if you set backup instructions, such as “stop corrosion” or “limit price” instructions, you may not be able to avoid losses. Market conditions may make such instructions unenforceable. You may be asked to deposit an additional security deposit within a short period of time. If you fail to provide the required amount within the specified time, your open positions may be closed. However, you are still responsible for any shortfall in your account as a result. Therefore, you should study and understand options before trading, and carefully consider whether this type of trading is suitable for you based on your financial situation and investment goals. If you trade options, you should be familiar with the procedures for exercising options and when they expire, as well as your rights and responsibilities when you exercise options and when they expire.

editor/tolk