Options Market Statistics: AMC Stock Extends Winning Streak to 5 Days, Options Pop
News Highlights
$Tesla(TSLA.US$ shares fell by 1.57%, closing at $258.87. Its options trading volume is 1.91 million. Call contracts account for 59.1% of the whole trading volume. The most traded calls are contracts of $270 strike price that expire on October 13th. The total volume reaches 122,071 with an open interest of 32,331. The most traded puts are contracts of a $260 strike price that expires on October 13th; the volume is 87,211 contracts with an open interest of 10,829.
Companies like Tesla could benefit from bans on the sale of traditional automobiles in the future, with dates of 2025, 2030 and 2035 being targeted.
The ban on new ICE vehicles being sold by manufacturers will increase the market share of electric vehicles sold on the road. ICE vehicles that were previously purchased will still be able to be owned and driven by consumers. Sweden's capital, Stockholm, has moved forward with an outright ban on ICE vehicles from the city's commercial and financial district.
According to Electrek, this means the 20-block district, which is around 180,000 square meters, will not allow any ICE vehicles. The ban will take effect in 2025. The city has a population of around one million people.
$AMC Entertainment(AMC.US$ shares rose by 5.57%, closing at $11.00. Its options trading volume is 0.30 million. Call contracts account for 72.0% of the whole trading volume. The most traded calls are contracts of $10 strike price that expire on October 13th. The total volume reaches 17,975 with an open interest of 10,862. The most traded puts are contracts of a $9 strike price that expires on October 13th; the volume is 9,938 contracts with an open interest of 8,019.
New data suggests that 'Taylor Swift: The Eras Tour' is even more eagerly anticipated than summer blockbusters 'Barbie' and 'Oppenheimer'.
Shares of AMC Entertainment Holdings Inc. ended Thursday's session up 5.6%, extending their winning streak to five sessions as Taylor Swift's eagerly anticipated concert film hits screens.
$Bank of America(BAC.US$ shares fell by 0.44%, closing at $26.90. Its options trading volume is 0.28 million. Call contracts account for 48.1% of the whole trading volume. The most traded calls are contracts of $30 strike price that expire on November 17th. The total volume reaches 23,962 with an open interest of 61,307. The most traded puts are contracts of a $27 strike price that expires on October 20th; the volume is 33,285 contracts with an open interest of 40,501.
Unusual Stock Options Activity
Some notable put activity is being seen in $Baxter International Inc(BAX.US$, which is primarily being driven by activity on the November 17th 32.50 put. Volume on this contract is 69,183 versus open interest of 1,169, so it's likely that nearly all of the volume represents fresh positioning.
Daily Active Index & Sector ETF Options
Source: Benzinga, Dow Jones, CNBC
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Source: Benzinga, WSJ
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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