Key focus

1.$NVIDIA (NVDA.US)$The results surged by nearly 20% on the third day, and surged nearly 7% overnight to a record high. The options trading volume was 2.16 million, surging 60% from the average daily turnover, and the bullish ratio rose to 63%. In the options chain, the call volume due on Friday with an exercise price of 1,200/1150 was the highest, with 88,000 and 78,000 orders, respectively, and 9,000 and 6,600 unclosed positions. Also, a single call that expires on the same day with an exercise price of $1,240 earns 20 times the premium.

The analysis points out that Nvidia's sharp rise on Tuesday was due to Musk's actions in the field of artificial intelligence. According to media reports, after Musk's artificial intelligence startup xAI successfully raised 6 billion US dollars from investors, Musk plans to connect Nvidia's H100 graphics processor cluster to build an xAI supercomputer. It is expected that the connected chipset will be four times that of today's largest GPU cluster. To train its next version of Grok, xAI expects to require up to 100,000 GPUs, and plans to serial these chips into a supercomputer, or “computing superfactory.”

2,$GameStop (GME.US)$Overnight, it surged more than 25%, with 600,000 options trading volume, up more than 30% from the previous trading day, and the bullish ratio fell to 66%. In the options chain, call transactions due on Friday and an exercise price of $25/30 were active, all exceeding 30,000, and the number of unclosed positions exceeded 8,000 and 7,000, respectively. Additionally, multiple call single option premiums that expire on the same day have doubled and surged.

Earlier, GameStop said that due to the renewed interest of investors in this so-called “meme stock,” the company raised nearly 1 billion US dollars through a stock sale program. GameStop said on Friday that taking advantage of the trading boom earlier this month, the company sold 45 million shares and raised about US$933 million.

3.$PDD Holdings (PDD.US)$Overnight, it fell nearly 5%, and the trading volume of options was 260,000, double the average daily turnover. Call orders bucked the trend and increased. Among them, call orders due on Friday with an exercise price of $160/165 were stolen. The trading volume was 37,000 and 28,000, respectively, and the number of unclosed positions was 7,600 and 15,000, respectively. Furthermore, multiple single put option premiums that expire on the same day surged nearly threefold.

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.

editor/tolk