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. $Tesla (TSLA.US)$ Overnight surged by nearly 5%, the stock price surpassed the $250 level, reclaiming all the declines for the year, with a 64% call options ratio.Implied volatilityRising to the 88th percentile level for the year. The highest trading volume this Friday at expiry for calls with strike prices of $250 and $260, with 0.14 million and 0.07 million contracts traded respectively, with open interest of 0.05 million and 0.045 million contracts. Both of these call options saw an approximate 1.7x increase in price.

2. Chinese concept stocks soared collectively, showing strength again before the market opened.$Alibaba (BABA.US)$Rising over 2% overnight, surging nearly 5% before the market opens. $JD.com (JD.US)$ Overnight rose more than 4%, surged over 7% before the market opened. The trading volume of both options increased significantly.

Among them, Alibaba's call ratio accounts for 78%, with multiple call options expiring this Friday being heavily subscribed, while option premiums doubled and rose significantly; In addition, the options with the highest open interest are call options expiring on October 18th with exercise prices of $85 and $90 respectively, with open interest exceeding 0.025 million contracts each. JD.com's call options surge to 80%.

China's large cap stock ETF's call options surge to 80%. Optimism towards Chinese assets is rising, as investors start buying call options on Chinese ETFs. With investors buying a large amount of call options, the slope of FXI's one-month put options, that is the premium of put options relative to call options, came close to parity for the first time on the day, the first time since July.

After the end of the sales ban, the selling pressure intensified,$Trump Media & Technology (DJT.US)$ Having fallen for six consecutive days, dropping more than 32% in total. Options trading has seen three consecutive days of high volume, recording a volume of nearly 0.16 million contracts overnight, of which the put options account for a decrease to 56% from the previous high, with implied volatility exceeding 180%. The call options with a strike price of $13 expiring this Friday are the most actively traded, with over 7200 contracts changing hands, with an open interest of only 293 contracts.

1. US stock options trading list

2. ETF options trading list.

3. Individual stock implied volatility (IV) ranking.

Use the option price calculator to calculate the theoretical price of future options.

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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 evaluate the attractiveness, identify potential mispricing, and manage risk exposure.option pricesof the attraction, 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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