Options Market Statistics: Traders Purchase Large Volume of Calls on Meta
News Highlights
$Tesla(TSLA.US$ shares edged down 0.97%, with option volume of 1.50 million, doubling its 30-day average volume, and calls accounted for 54.1%. The 170.00 calls expiring Friday lead the flow with a volume of 107,566.
Electric vehicle pioneer Tesla's annual shareholder meeting is scheduled to be held on Tuesday, and investors look ahead to the event as a catalyst that can give the sagging stock a lift.
$Meta Platforms(META.US$ shares up 2.16%, with option volume of 0.46 million, and calls accounted for 66.9%. Calls are outnumbering puts at a 2:1 ratio. The 200.00 calls expiring Friday lead the flow with a volume of 48,038.
Bridgewater added Google and Meta, cut retail stocks in Q1 2023.
$SoFi Technologies(SOFI.US$ shares slided 4.98%, with option volume of 0.35 million, and calls accounted for 63.4%.
Wedbush analyst David Chiaverini downgraded SoFi from Neutral to Underperform and lowered the price target from $5 to $2.50, citing valuation concerns. The analyst is concerned valuation could be impacted by a potential shift in fee income, as well as the potential need to raise additional capital.
$Disney(DIS.US$ shares edged up 0.95%, with option volume of 0.24 million, and calls accounted for 51.2%.
Unusual Stock Options Activity
There were noteworthy activities in $Airbnb(ABNB.US$, where multiple options have topped volume to open interest ranking. The highest volume over open interest ratio reaches 73x with 7,653 contracts.
Daily Active Index & Sector ETF Options
Source: Benzinga, Dow Jones, CNBC
Disclaimer: Options trading entails significant risk and is not appropriate for all investors. Certain complex option strategy carry additional risk. Before trading options, please readCharacteristics 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.
Source: Benzinga, WSJ
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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71852707 : Friday is closing of many companies with monthlies. I thing it will be a big day. Next will be quad witching on 6/16