Options Market Statistics: Tesla's Options Pop Ahead of Q3 Delivery Report
News Highlights
$Tesla(TSLA.US$ shares fell by 1.48%, closing at $240.50. Its options trading volume is 2.21 million. Call contracts account for 58.0% of the whole trading volume. The most traded calls are contracts of $250 strike price that expire on September 29th. The total volume reaches 74,914 with an open interest of 12,503. The most traded puts are contracts of a $240 strike price that expires on September 29th; the volume is 73,913 contracts with an open interest of 10,758.
Tesla Inc.'s stock fell on Wednesday amid recalibrated expectations from analysts ahead of the company's forthcoming third-quarter delivery report, which is due on Monday, October 2, 2023. The speculation surrounding the impending report has stirred significant discussion within financial circles regarding the future trajectory of the electric vehicle (EV) industry frontrunner.
$Apple(AAPL.US$ shares slided by 0.89%, closing at $170.43. Its options trading volume is 1.34 million. Put contracts account for 55.0% of the whole trading volume. The most traded calls are contracts of $175 strike price that expire on September 29th. The total volume reaches 61,094 with an open interest of 16,755. The most traded puts are contracts of a $177.5 strike price that expires on September 29th; the volume is 55,256 contracts with an open interest of 16,931.
Apple's recently launched iPhone 15 smartphones are seeing "somewhat surprising" demand trends across global markets, though the wait times for the high-end devices are effectively unchanged from a year earlier, UBS Securities said.
$NVIDIA(NVDA.US$ shares gained 1.33%, closing at $424.68. Its options trading volume is 0.46 million. Call contracts account for 51.8% of the whole trading volume. The most traded calls are contracts of $430 strike price that expire on September 29th. The total volume reaches 42,225 with an open interest of 6,322. The most traded puts are contracts of a $420 strike price that expires on September 29th. The total volume reaches 44,967 with an open interest of 8,568
Nvidia Corp stock is trading higher Wednesday, buoyed by the continued artificial intelligence frenzy evident via its collaborations with Getty Images Holdings, Inc and Cloudflare, Inc.
Unusual Stock Options Activity
There was a noteworthy activity in $Apple(AAPL.US$, where multiple puts have topped volume to open interest ranking. The highest volume over open interest ratio reaches 243.8x with nearly 50,962 contracts.
Daily Active Index & Sector ETF Options
Source: Benzinga, Dow Jones, CNBC
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Source: Benzinga, WSJ
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