Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Magnificent Earnings Week: What was your fave?
Views 95K Contents 477

Meta, Microsoft Join Nvidia, Tesla in List of Most Active Stock Options After Earnings

avatar
Luzi Ann Santos joined discussion · Nov 1 00:32
$Meta Platforms (META.US)$  and $Microsoft (MSFT.US)$ joined $NVIDIA (NVDA.US)$ and $Tesla (TSLA.US)$ in the list of the most actively traded stock options after delivering quarterly results that fanned concerns over artificial intelligence spending.  
Facebook parent Meta saw a mix of bullish and bearish unusual option trades adding to Thursday's volume. The biggest of those positions involved an active buyer paying a premium of $5.72 million to purchase put options that give the holder the right to sell 489,000 shares at $565 by Nov. 22.  
Source: moomoo mobile app
Source: moomoo mobile app
(To see unusual option trading activities, click here. For Meta's options chain, click here.)
Shares of the social media giant declined 3.8% to $569 at 12:28 p.m. in New York Thursday after the company raised the lower end of its full year capital expenditures guidance and flagged "a significant acceleration in infrastructure expense growth next year."
The decline in the share price pushed many of its call options expiring tomorrow out-of-money. That took total volume for both put and call options to 487,610 contracts so far, more than 60% above the 20-day.  average.  
Source: moomoo mobile app
Source: moomoo mobile app
(To see Microsoft's options chain, click here. For the U.S. options market page, click here.)
In the case of Microsoft, bulls are undeterred by the stock's 5.3% slump. Shares declined after the company forecast late Wednesday that revenue growth for Azure could slow to 31% to 32% in the quarter ending in December, from 33% in the three months ended Sept. 30. Analysts had been optimistic that the company's artificial intelligence rollout could help accelerate growth for its cloud business.
The biggest of the bullish Microsoft positions posted Thursday morning involved an active buyer paying a $40.2 million premium for call options that give the holder the right to buy 1.1 million shares at $390 by Feb. 21, 2025.
The bullish outlook mirrors the positive sentiment among analysts who cover the stock. About 90% of them have a buy rating on the stock, with an average price target of $497.18, implying an upside potential of more than 20%.
Source: moomoo desktop app
Source: moomoo desktop app
Has the decline in Microsoft and Meta shaken investors' confidence, or do you expect these stocks to rebound quickly? Share your thoughts in the comments section and vote below.



Options trading entails significant risk and is not appropriate for all customers. It is important that investors readCharacteristics and Risks of Standardized Optionsbefore engaging in any options trading strategies. 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 the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy. All company analysis information is provided by third parties and not by Moomoo Financial Inc. Any illustrations, scenarios, or specific securities referenced herein are strictly for informational purposes and is not a recommendation. Past investment performance does not guarantee future results. Investing involves risk and the potential to lose principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
30
2
1
+0
6
Translate
Report
150K Views
Comment
Sign in to post a comment