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Options Market Statistics: GME Options Pop and Shares Soar on Equity Issue Completion After the Bell

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Options Newsman joined discussion · May 24 20:06
News Highlights
$NVIDIA(NVDA.US)$ shares ended 2.57% higher. Its options trading volume was 1.99 million. Call contracts account for 57.3% of the total trading volume. The $1050 calls expiring May 24 were traded most actively.
Nvidia's strong quarterly results continue to drive a rally, with the stock closing at $1064.69 per share on Friday. The gains on Thursday and Friday added over $338 billion to its market cap. The company's upcoming stock split may further fuel retail interest in owning a piece of Nvidia.
Options Market Statistics: GME Options Pop and Shares Soar on Equity Issue Completion After the Bell
$GameStop(GME.US)$ shares ended 3.71% higher. Its options trading volume was 0.44 million. Call contracts account for 71.3% of the total trading volume. The $20 calls expiring May 24 were traded most actively.
GameStop's stock soared by 13% in extended trading on Friday after the company announced the completion of a previously disclosed equity capital offering worth approximately $933.4 million. The offering was completed through the sale of 45 million shares.
Options Market Statistics: GME Options Pop and Shares Soar on Equity Issue Completion After the Bell
$Coinbase(COIN.US)$ shares ended 8.59% higher. Its options trading volume was 0.34 million. Call contracts account for 73.2% of the total trading volume. The $222.5 calls expiring May 24 were traded most actively.
Coinbase has taken a legal step in its ongoing argument with the U.S. Securities and Exchange Commission (SEC) regarding whether the cryptocurrency exchange should be allowed to raise a single, core legal point for consideration by a higher court.
Options Market Statistics: GME Options Pop and Shares Soar on Equity Issue Completion After the Bell
Options Market Statistics: GME Options Pop and Shares Soar on Equity Issue Completion After the Bell
Unusual Stock Options Activity
There was a noteworthy activity in $Cenovus Energy(CVE.US)$, where multiple puts have topped volume to open interest ranking. The highest volume over open interest ratio reaches 91.7x with nearly 10,082 contracts.
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Options Market Statistics: GME Options Pop and Shares Soar on Equity Issue Completion After the Bell
Daily Active Index & Sector ETF Options
Options Market Statistics: GME Options Pop and Shares Soar on Equity Issue Completion After the Bell
Source: Barchart, Unusual Whales, The Guardian, Bloomberg
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Disclaimer: Options trading entails significant risk and is not appropriate for all investors. Certain complex option strategy carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Option. This article is for information and illustrative purposes only, and is not a promotion of option trading or a recommendation of any of the specific option mentioned above.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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