Market-wide option volume of 36.9m contracts was 14% below recent average levels, with calls leading puts 8 to 5. Index and ETF products saw relatively heavy volume, while single stock flow was moderate. 

Most active sectors included Technology, Energy and Consumer Non-Cyclicals while Industrials and Telecommunications were relatively light. Of the 3,850 stocks with listed options, 916 (24%) closed higher, and 2,855 (74%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 427 and higher for 27. Unusual total option volume was observed in $FuelCell Energy Inc(FCEL.US)$, $Qudian Inc(QD.US)$, $Starbucks Corp(SBUX.US)$, $Cameco Corp(CCJ.US)$ and $CrowdStrike Holdings Inc(CRWD.US)$.

Vehicle option implied volatility into FOMC policy decision

$Tesla, Inc.(TSLA.US)$ 30-day option implied volatility is at 73; compared to its 52-week range of 54 to 154.

$Ford Motor Co(F.US)$ 30-day option implied volatility is at 52; compared to its 52-week range of 34 to 195

$General Motors Co(GM.US)$ 30-day option implied volatility is at 44; compared to its 52-week range of 39 to 188

$Oshkosh Corp(OSK.US)$ 30-day option implied volatility is at 38; compared to its 52-week range of 32 to 94.

$Magna International Inc(MGA.US)$ 30-day option implied volatility is at 37; compared to its 52-week range of.30 to 119.

Notable bettings toward broader market indices ETF on 3/16

Individuals breakdown by sectors (3/16 notable bets)

Tech

Industrial

Consumer Cyclical

Financial

Communication Services

Healthcare

Energy

Real Estate

Basic materials

Consumer Defensive

Utilities