Options Market Statistics: LUMN Surges After Getting $5 Billion in New Business on AI Boom

$NVIDIA (NVDA.US)$ stock rose 3.78%. Its options trading volume was 4.03 million. Call contracts account for 56.3% of the total trading volume. The $115 calls expiring August 9 were traded most actively.

$Lumen Technologies (LUMN.US)$ stock surged 93.05%. Its options trading volume was 0.41 million. Call contracts account for 56.3% of the total trading volume. The $6 calls expiring Sep. 20 were traded most actively.

$Meta Platforms (META.US)$ stock rose 3.86%. Its options trading volume was 0.41 million. Call contracts account for 56.3% of the total trading volume. The $500 calls expiring August 9 were traded most actively.

There was a noteworthy activity in $Baxter International Inc (BAX.US)$, where multiple puts have topped volume to open interest ranking. The highest volume over open interest ratio reaches 137.5x with 18,014 contracts.

Option Volume: [Options Notes]Measuring liquidity: two key indicators to check

Open Interest: Open Interest Analysis: How to potentially grasp the market's capital flow?

Call/Put Option: Trade Options: Quickstart Guide

Option Expiration: Trade Options: Quickstart Guide

Implied Volatility Rank: Volatility Analysis: IV, HV, IV Rank, IV Percentile

Disclaimer: 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. Opening new options positions close to or on their expiration date comes with substantial risk of losses for reasons that include potential volatility of the underlying security and limited time to expiration. 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 i potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request.