Options Market Statistics: Nvidia Stock Has Worst Day in Months, Options Pop
News Highlights
$Tesla(TSLA.US$ shares fell by 3.10%, closing at $193.76. Its options trading volume is 1.83 million. Call contracts account for 63.3% of the total trading volume. The most traded calls are contracts of $200 strike price that expire on Feb 23rd. The total volume reaches 168,466 with an open interest of 66,708. The most traded puts are contracts of a $190 strike price that expires on February 23rd; the volume is 79,427 contracts with an open interest of 16,931.
$NVIDIA(NVDA.US$ shares fell by 4.35%, closing at $694.52. Its options trading volume is 1.22 million. Call contracts account for 60.3% of the total trading volume. The most traded calls are contracts of $800 strike price that expire on Feb 23rd. The total volume reaches 28,969 with an open interest of 10,169. The most traded puts are contracts of a $600 strike price that expires on February 23rd; the volume is 14,331 contracts with an open interest of 7,525.
Nvidia is about to report another set of blowout results Wednesday, but Wall Street has come to expect that more and more from the chip giant.
Perhaps that's why Nvidia's stock slid to its worst day in four months heading into the report. Shares fell 4.4% on Tuesday to log their largest single-day percentage decline since Oct. 17, 2023, when they lost 4.7%.
Nvidia shed $78 billion in market capitalization on the day, making for its largest daily loss of market cap in its history, according to Dow Jones Market Data. The prior record was a $56 billion decline seen May 31, 2023.
$Apple(AAPL.US$ shares fell by 0.41%, closing at $181.56. Its options trading volume is 0.78 million. Call contracts account for 68.6% of the total trading volume. The most traded calls are contracts of $182.5 strike price that expire on Feb 23rd. The total volume reaches 48,616 with an open interest of 13,835. The most traded puts are contracts of a $180 strike price that expires on February 23rd; the volume is 38,165 contracts with an open interest of 25,969.
Unusual Stock Options Activity
Some notable put activity is being seen in $Nu Holdings(NU.US$, which is primarily being driven by activity on the February 23rd Puts. Volume on this contract is 102,308 versus open interest of 528.
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Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, Barron's, The Motley Fool
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