Options focus

1.$Tesla (TSLA.US)$Overnight, it surged more than 12%, soared 55.6 billion US dollars overnight, and returned to a market value of 500 billion US dollars. Options trading volume surged, more than doubling month-on-month to more than 4 million shares. The bullish sentiment picked up slightly, and the call single ratio rose to 46%. The top trading volume on the options chain is a $160 put, $165 call, and $170 call due this Friday.

Musk revealed during the earnings call that Tesla will continue to update its vehicle lineup and speed up the launch of new models. Some of the production plans originally scheduled for the second half of 2025 may be brought forward to the beginning of 2025 or even the end of 2024, including cheaper models.

2,$NVIDIA (NVDA.US)$Overnight, it fell by more than 3%, with options trading volume reaching 1,433,700, a bullish ratio of nearly 53%. The induced volatility rose for six consecutive days to the 87% percentile level during the year; the bearish ratio rose for two consecutive days and is now 47.3%. An inquiry into the large order with the highest turnover revealed that some large investors bought two large bearish orders in a row when the stock price was 794.2 US dollars, involving nearly 50 million US dollars.

3.$Boeing (BA.US)$The options trading volume doubled to 572,000, and the bearish ratio rose sharply to 65.1%. Looking at the options chain, on May 17, 2024, PUT orders with exercise prices of $195 and $200 were snatched up one after another, with over 47,000 and 24,000 transactions respectively.

1. US stock options trading list

II. ETF options trading list

III. Implied Volatility of Individual Stocks (IV) Ranking

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.

Edit/Cynthia