Options Market Statistics: Arm Stock Extends Rally After Earnings Showed AI Is Boosting Sales, Options Pop
News Highlights
On February 12th ET, $Palantir (PLTR.US)$ had active options trading, with a total trading volume of 734.46K options for the day, of which put options accounted for 32.16% of the total transactions, and call options accounted for 67.84%.
$Snap Inc (SNAP.US)$ with a total trading volume of 397.47K options for the day, of which put options accounted for 26.86% of the total transactions, and call options accounted for 73.14%.
$Arm Holdings (ARM.US)$ with a total trading volume of 739.25K options for the day, of which put options accounted for 43.09% of the total transactions, and call options accounted for 56.91%.
Arm shares soared as much as 37% on Monday, as the earnings-driven rally for the chip design firm continues to unfold.
Arm now has a market capitalization of about $145 billion, with SoftBank's stake worth more than $129 billion, well more than SoftBank's own market cap of $84 billion. SoftBank shares have rallied 8% on Monday, and more than 28% over the past three days.
Unusual Stock Options Activity
Some notable put and call activity is being seen in $Arm Holdings (ARM.US)$, which is primarily being driven by activity on the 16-February-2024 put and call.
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Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, CNBC
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