Options Market Statistics: Musk Steps Back From Doge as Tesla's Profits Drop; Options Pop

$Tesla (TSLA.US)$ shares jumped 5% on Wednesday. The most traded calls are contracts of $260 strike price that expire on Apr 25 and the total volume reaching 114,534 with the open interest of 20,100.

There was a noteworthy activity in $Riot Platforms (RIOT.US)$, with $11 calls topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 400.7x with 41,671 contracts.

BloombergOption Volume: [Options Notes]Measuring liquidity: two key indicators to check

Open Interest: Open Interest Analysis: How to potentially grasp the market's capital flow?

Call/Put Option: Trade Options: Quickstart Guide

Option Expiration: Trade Options: Quickstart Guide

Implied Volatility Rank: Volatility Analysis: IV, HV, IV Rank, IV Percentile

Disclaimer: Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Optionsbefore engaging in any options trading strategies. Opening new options positions close to or on their expiration date comes with substantial risk of losses for reasons that include potential volatility of the underlying security and limited time to expiration. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including i potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request.