Options Market Statistics: Nasdaq Suffers Worst Day Since 2022 Amid Big Tech Selloff

$NVIDIA (NVDA.US)$ fell 6.80%. Its options trading volume was 4.30 million. Call contracts account for 57.7% of the total trading volume. The $125 calls expiring July 26 were traded most actively.

Shares of Nvidia fell over 6% as major indices declined, with the $NASDAQ 100 Index (.NDX.US)$ down 3.65% and the $S&P 500 Index (.SPX.US)$ down 2.31%, following weaker-than-expected earnings from $Alphabet-A (GOOGL.US)$ and $Tesla (TSLA.US)$. Recently, tech giants like $Microsoft (MSFT.US)$, Alphabet, Meta, and $Apple (AAPL.US)$ have lost some of their year-to-date gains as investors shift toward small-cap stocks, driven by the belief that the Fed will cut rates in the second half of the year.

The $Russell 2000 Index (.RUT.US)$ has gained 9% this month, supported by improved inflation figures nearing the Fed's 2% target. This shift indicates that investors are increasingly willing to hold riskier assets, particularly volatile small-cap stocks.

$Tesla (TSLA.US)$ fell 12.33%. Its options trading volume was 3.05 million. Call contracts account for 50.8% of the total trading volume. The $250 calls expiring July 26 were traded most actively.

$Meta Platforms (META.US)$ fell 5.61%. Its options trading volume was 0.41 million. Call contracts account for 57.2% of the total trading volume. The $500 calls expiring July 26 were traded most actively.

There was a noteworthy activity in $Tesla (TSLA.US)$, where multiple calls have topped volume to open interest ranking. The highest volume over open interest ratio reaches 137.5x with 68,764 contracts.

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