Options Market Statistics: Nvidia Stock Jumps After CEO Jensen Huang Says 'Demand for Blackwell Is Insane', Options Pop
News Highlight
$NVIDIA (NVDA.US)$ shares increased 3.37%, with with option volume of 3.86 million, and calls accounted for 64.7% of the volume. The $120 calls expiring October 4 were traded most actively.
Shares of technology companies rose amid renewed optimism about the artificial-intelligence niche.
Nvidia Chief Executive Jensen Huang described demand for the company's new AI chips, branded Blackwell, as "insane."
AI powerhouse Microsoft plans to spend about $4.75 billion over the next two years in cloud and AI infrastructure in Italy, the latest bid from American tech giants to expand capabilities overseas. SoftBank Group Chief Executive Masayoshi Son reiterated his bullish forecasts for AI, predicting that the technology will have human-level mental powers in a few years.
$Tesla (TSLA.US)$ shares dropped 3.36%, with with option volume of 2.17 million, and calls accounted for 64.3% of the volume. The $270 calls expiring October 4 were traded most actively.
$Palantir (PLTR.US)$ shares climbed 4.67%, with with option volume of 0.63 million, and calls accounted for 65.7% of the volume. The $37 calls expiring October 4 were traded most actively.
Shares of $Palantir (PLTR.US)$ rose 4.67% to $39.24 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.17% to 5,699.94 and Dow Jones Industrial Average falling 0.44% to 42,011.59.
This was the stock's second consecutive day of gains.
Palantir Technologies Inc. hit a new 52-week high, surpassing its previous peak of $38.19, which the company achieved on September 23rd.
Unusual Stock Options Activity
There was a noteworthy activity in $Western Digital (WDC.US)$, where $69 calls have topped volume to open interest ranking. The highest volume over open interest ratio reaches 124.8x with 23,456 contracts.
Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, The Guardian, Bloomberg
BloombergOption Volume: [Options Notes]Measuring liquidity: two key indicators to check
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 Optionsbefore 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.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
NoDragonsPlz : nVidia to the moon!
Wan Zulkifli Wan azi : yes