Options Market Statistics: Alibaba Stock Rises as Taobao Introduces "Refund Only" Policy for Shoppers, Options Pop
News Highlights
$Tesla(TSLA.US$ shares fell by 3.16%, closing at $253.18. Its options trading volume is 2.57 million. Call contracts account for 61.1% of the whole trading volume. The most traded calls are contracts of $265 strike price that expire on December 29th. The total volume reaches 202,386 with an open interest of 25,555. The most traded puts are contracts of a $260 strike price that expires on December 29th; the volume is 123,112 contracts with an open interest of 22,804.
$Alibaba(BABA.US$ shares gained 1.48%, closing at $77.24. Its options trading volume is 0.38 million. Call contracts account for 69.2% of the whole trading volume. The most traded calls are contracts of $79 strike price that expire on December 29th. The total volume reaches 28,857 with an open interest of 6,137. The most traded puts are contracts of a $100 strike price that expires on Jan 19th, 2024 ; the volume is 16,418 contracts with an open interest of 4,693.
Cutthroat competition in China's vast e-commerce sector is poised to escalate, as leading shopping platforms JD.com and Alibaba Group Holding's Taobao offer a “refund only” policy so consumers can keep the goods they had bought but complained about – matching an option that budget online retailer Pinduoduo has had in place since 2021.
$Meta Platforms(META.US$ shares rose by 0.14%, closing at $358.32. Its options trading volume is 0.3 million. Call contracts account for 59.5% of the whole trading volume. The most traded calls are contracts of $335 strike price that expire on Feb16th, 2024. The total volume reaches 20,095 with an open interest of 3,435. The most traded puts are contracts of a $355 strike price that expires on December 29th; the volume is 13,306 contracts with an open interest of 3,431.
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Unusual Stock Options Activity
There was a noteworthy activity in $Advanced Micro Devices(AMD.US$ , where multiple puts have topped volume to open interest ranking. The highest volume over open interest ratio reaches 130.9x with nearly 26,961 contracts. Shares of AMD were gained 1.84%, with option volume of 879,641, and calls accounted for 60.0%.
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 read Characteristics 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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Yawo Passah : good information
win-win : Great thanks