Options Market Statistics: Nvidia's Stock Completes Dramatic Reversal Lower, Options Pop
News Highlights
$Taiwan Semiconductor(TSM.US$ shares lowered by 1.9%, closing at $146.37. Its options trading volume was 0.57 million. Call contracts account for 79.8% of the total trading volume. The most traded calls are contracts of $140 strike price that expire on June 21st. The total volume reaches 65,642 with an open interest of 9,686.
Taiwan Semiconductor Manufacturing expected to win up to $5 billion in grants from the U.S. government for building a chip fabrication facility in Arizona.
Bloomberg reported on Friday, citing sources familiar with the matter, that the world's largest contract chipmaker would soon be announcing the deal, although it wasn't clear whether the award would come from the $52 billion CHIPS Act fund for boosting U.S. semiconductor manufacturing.
$Coinbase(COIN.US$ shares rose by 5.77%, closing at $256.62. Its options trading volume is 0.53 million. Call contracts account for 63.7% of the total trading volume. The most traded calls are contracts of $260 strike price that expire on Mar 8th. The total volume reaches 21,926 with an open interest of 4,057. The most traded puts are contracts of a $250 strike price that expires on Mar 8th; the volume is 31,779 contracts with an open interest of 1,290.
Bitcoin (BTC-USD), the largest cryptocurrency by market value, increased 2% in the past 24 hours at $69,260 after reaching a day high of $70,083, according to CoinMarketCap data.
Unusual Stock Options Activity
There was a noteworthy activity in $NVIDIA(NVDA.US$, where multiple puts have topped volume to open interest ranking. The highest volume over open interest ratio reaches 129.5x, with option volume of nearly 12,946 and open interest of 100.
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Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, Barron's, The Motley Fool
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