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. $NVIDIA (NVDA.US)$ Up over 6% overnight, with implied volatility decreasing for four consecutive days, call options have been dominating for multiple days with the latest standing at 58%. Call option gains are plentiful for options with a strike price above 117 US dollars, expiring on Friday, with multiple call options earning over three times the option premium.
As US technology stocks recover from last week's market crash, investors have once again invested a large amount of capital in large stocks. Data compiled by the media shows that traders on Monday $Rydex Exchange Traded Fd Trust Guggenheim S&P 500 Top 50 Etf (XLG.US)$ The record-breaking capital inflow pushed the ETF's assets up 4% to $5.3 billion, nearly half of which was attracted in the past year.
3, the strong performance continued after the earnings report. The volume of options on Friday surged to 0.3 million contracts, and the call ratio increased again, to around 70%. On the options chain, the call with a $40 strike price expiring this Friday was sought after, with a trading volume of 0.034 million contracts and an open interest of 3,800 contracts. The option recorded a 100% increase on the day. $Tesla (TSLA.US)$ Up over 5% overnight, call options have been increasing for multiple days, up to 63.3%. The most active traded call options on the options chain are those with a strike price of 210/205 US dollars, expiring on Friday, with both options realizing a doubling of their premium.
$Starbucks (SBUX.US)$ Change of leadership, appointing $Chipotle Mexican Grill (CMG.US)$ New CEO appointed! The two options trading volumes rose sharply. Starbucks options trading volume expanded to 10 times that of the previous day, with a call-to-call ratio of 45%. Call options with a strike price of 86 and 90 US dollars, expiring on Friday, saw a sharp increase in option premiums, rising by nearly 789 times and 636 times, respectively.
Chipotle Mexican Grill options trading volume increased by about 10% on a month-over-month basis, with a call-to-call ratio rising to 61.4%. Multiple call options on the options chain were bought on dips, with call options expiring on Friday, with strike prices of 50/51/52/55 US dollars, all trading at over 0.015 million contracts.
The leading coffee chain Starbucks announced that it has appointed the CEO of the well-known chain fast food Chipotle, Niccol, as its own CEO, shocking the market. Starbucks' stock price surged by more than 24% yesterday, while Chipotle plummeted by nearly 8%.
Niccol had outstanding achievements in the catering industry. He previously worked at Pizza Hut and Taco Bell and joined Chipotle in 2018, successfully leading the brand through the pandemic and turning it into one of the most popular chain restaurants in the US. During his tenure, Chipotle's market cap skyrocketed from 8.9 billion US dollars to 76.5 billion US dollars.
BTIG analyst pointed out that this is a major victory for Starbucks, as Niccol is highly trusted by the investment community and has more flexibility in investing in Starbucks' transformation.
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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