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. $Tesla (TSLA.US)$ Riding a 4.9% surge, leading the 'Magnificent Seven', the options trading volume increased by 62.46% compared to the previous trading day, with a call ratio rising to 61.3%; the implied volatility is 56.8%, rising for three consecutive trading days.
On the options chain, the highest volume transaction is a call option expiring today with a strike price of $230; among them, the call option with a strike price of $250 that expired today made a huge profit of 8 times last night!
Checking the large trades with the highest turnover, it was found that a major shareholder sold $0.19 billion worth of call options: one was selling a call option expiring on October 18th this year with a strike price of $210, and the other was selling a call option expiring on November 18th this year with a strike price of $225, betting that Tesla's stock price will not rise significantly before the expiration date.
On the news front, the Tesla AI team announced that they will launch the FSD system in China and Europe in the first quarter of next year, pending regulatory approval. Tesla's representatives in China confirmed the news, currently awaiting regulatory approval.
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. $Broadcom (AVGO.US)$ Falling by 0.84%, investors are using options to bet on performance, with trading volume increasing by 1.46 times compared to the previous trading day.
On the options chain, the most traded option is a call option with a strike price of $160 expiring today; there is also a large position selling a call option with a strike price of $170 expiring on January 17th next year, wagering 1.9 million.
On the news front, Broadcom's third-quarter AI product revenue fell short of expectations, and the fourth-quarter revenue guidance was disappointing, falling more than 7% after hours.
$Bank of America (BAC.US)$ Falling by 0.89%, option trading volume increased 1.6 times compared to the previous trading day, and the call-to-put ratio sharply rose to 84.4%.
The most traded option on the options chain is a call option with a strike price of $35 expiring on September 20th, with a trading volume of nearly 0.06 million contracts; the second most traded is a call option with a strike price of $32 expiring on September 20th.
On September 6th, according to documents disclosed by the U.S. Securities and Exchange Commission (SEC) on September 5th, Bank of America shareholder Berkshire Hathaway Inc sold 18.7463 million shares of common stock at an average price of $40.5433 per share on September 3rd, 4th, and 5th, with a value of approximately $760 million.
4. Last night, the 'mini non-farm' ADP data fell short of expectations. $Ishares Iboxx $ High Yield Corporate Bond Etf (HYG.US)$ The expansion of the implied volatility was significant compared to the previous trading day, increasing from 0.98 to 4.02.
On the options chain, investors sold put options for HYG with a strike price of $76 and $75, expiring on October 8th. The volume of put options sold ranked second and third, and the majority of the selling side.
In addition, gold and silver ETFs: $SPDR Gold ETF (GLD.US)$ and $iShares Silver Trust (SLV.US)$ Options volume of spdr silver etf surged into the top ten. Among them, SLV rose 2.14% last night, with multiple call options due today doubling in quantity.
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.
Editor/Rocky