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Plug Power Options Spot-On: On March 26th, 67,308 Contracts Were Traded, With 1.14 Million Open Interest

moomoo News ·  Mar 26 16:30

On March 26th ET, $Plug Power (PLUG.US)$ had active options trading, with a total trading volume of 67,308 options for the day, of which put options accounted for 44.1% of the total transactions, and call options accounted for 55.9%.

It shows that as of the close of the day, the open interest of $Plug Power (PLUG.US)$, indicating options positions have not been closed, totaled about 1.14 million contracts, which was 82.54% of the average of the past 30 trading days.

When $Plug Power (PLUG.US)$ was trading at $3.30, the call option with $3.50 of strike price expiring on May 17th,2024 transacted 12,500 contracts. It ranked first among $Plug Power (PLUG.US)$ unusual option trades of the day and reflected $575K turnover.

Additionally, in terms of the total trading volume for the day, the most active option contract of $Plug Power (PLUG.US)$ achieved 12,716 volume and closed at $0.68.

See below for more details:

MMHotOptionDailySummaryAutoNews_20240326_203365_1711485000_en.png

Notes:

  • Selection criteria of underlying assets

Select the top 70 stocks based on options volume on trading day.

  • Publication time of the article

The article will be published after the options trading hours.

  • The ratio of current and 30-day average (OR DoD ratio)

Volume/30-Day Average Volume (OR Total Volume DoD) and OI/30-Day Average OI (OR OI DoD) reflect the changes in overall options activities compared to the past.

  • Open interest distribution chart

The chart shows the cumulative distribution of open interest of all expiration dates per different strike prices. 10 strike prices that are closest to the current underlying price are presented. The chart conveys the market views of the future underlying price.

  • Unusual Options Trades

Options trades with a size of more than 1,000 contracts will be marked as unusual trades.

  • Unusual Options Trades and Active Options Contracts are presented in descending order in terms of trading volume.

Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request.

The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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