Key focus.
1, in the past week, it fell by more than 2%, and the volume of options on Friday decreased slightly to 4 million contracts, with a call ratio dropping to 56%; on the open options chain, the call with an expiration date of this Friday and a strike price of $110 was the hottest, with a trading volume and open interest of nearly 0.09 million contracts. $NVIDIA (NVDA.US)$ With an overnight surge of over 4%, it has rebounded more than 20% from the low point of last Monday's stock price ($90.69). The call option ratio has increased to 58%, and the implied volatility has decreased for three consecutive days, currently around 70%; On the options chain, the Long and short game is more anxious, and the top two trading volumes are call with a strike price of $110 per share and a put with a strike price of $100 per share expiring this Friday. The former has a higher trading volume of 0.22 million contracts, with an open interest of 0.096 million contracts, while the latter has a very high open interest of more than 0.14 million contracts.
In terms of large trading volumes, large investors have bought puts with a strike price of $90 per share expiring in August of next year and sold calls with a strike price of $140 per share expiring on the same day, with an amount involved of nearly $5 million.
Bank of America analyst Vivek Arya stated on Monday that Nvidia's stock would be a good choice if the semiconductor industry rebounded. He expects the semiconductor industry to rebound in the fourth quarter of this year as seasonal disadvantages may fade by then.
Investors are waiting for Nvidia's financial report later this month, but Arya said that traditionally September is the worst month for the semiconductor industry, so investors may need some patience. The good news is that the fourth quarter and the first quarter of the following year are usually much better for chip stocks, and this dynamic leads him to predict that the semiconductor industry will rebound by then. He believes that in this scenario, stocks of Nvidia, Broadcom, and KLA will be his top picks as these companies are 'among the most profitable suppliers in their respective end markets.'
2. It plans to issue $250 million in bonds. $Marathon Digital (MARA.US)$ It fell more than 11% last night, and the volume of options transactions surged to 0.23 million contracts, with a call ratio of nearly 75%; The put options expiring on Friday saw a nearly 3-fold increase in its option price. In addition, a large order bought far out-of-the-money puts expiring in December of next year with a strike price of $5, involving more than $0.5 million, betting on further decline in the stock price.
Bitcoin miner Marathon Digital announced that it will sell $250 million convertible preferred bonds and use the proceeds to purchase more cryptocurrencies. In July, Marathon announced that it had purchased $100 million in Bitcoin and resumed its strategy of holding Bitcoin on its balance sheet. The company will keep all Bitcoin mined and continue to buy it on the open market.
$Super Micro Computer (SMCI.US)$ It rose more than 6% overnight, and the call option ratio has risen for three consecutive days to 57%; The call with a strike price of $550 and $600 expiring this Friday has the highest trading volume in options with a substantial increase in option price last night, both earning more than 1.6 times of profits.
4. $KraneShares CSI China Internet ETF (KWEB.US)$ The trading volume of option increased over three times yesterday, with a call ratio of 54.2%. On the options chain, there are large orders for both buying call and selling put, and the largest one is a call option with a strike price of $26 per share expiring this Friday.
1. US stock options trading list
2. ETF options trading list.
3. Individual stock implied volatility (IV) ranking.
Risk warning
Options are contracts that give the holder the right to buy or sell an asset at a fixed price on or before a specific date, without any obligation. The price of an option is influenced by various factors, including the current price of the underlying asset, exercise price, expiration time and implied volatility.
Implied volatility reflects the market's expectation for the future volatility of an option, and it is a signal of market sentiment derived from the option pricing model called Black-Scholes (BS). When investors expect greater volatility, they may be willing to pay a higher premium for an option to help hedge risks, thus resulting in a higher implied volatility.
Traders and investors use implied volatility to assess the attractiveness of option prices, identify potential mispricing, and manage risk exposure.
Disclaimer
This content does not constitute an offer, solicitation, recommendation, opinion, or guarantee of any securities, financial products or instruments. The loss risk of buying and selling options could be substantial. In certain circumstances, you may suffer losses exceeding the amount initially deposited as margin. Even if you set up backup instructions, such as stop loss or limit instructions, losses may not be avoided. Market conditions may render such orders impossible to execute. You may be required to deposit additional margin in a very short period of time. If the required amount cannot be provided within the specified time, your open contracts may be closed. However, you are still responsible for any shortfalls in your account arising from this. Therefore, before buying or selling, you should research and understand the options, and consider carefully whether such trading is suitable for you based on your financial situation and investment objectives. If you buy or sell options, you should be familiar with the exercise of options and the procedures at expiration, as well as your rights and obligations when exercising an option or at expiration.
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