Options Market Statistics: Rivian Is Getting More Cash From Volkswagen; Options Pop

1. $Rivian Automotive (RIVN.US)$'s shares surged 13%, with the most traded calls are contracts of $11 strike price that expire on Nov. 15. The total volume reaches 29,730 with an open interest of 16,456.

2. $Coinbase (COIN.US)$ shares were down 10% on Wednesday. Brian Armstrong, 10% Owner, Director, Chairman and CEO, on November 11, 2024, sold 325,000 shares in Coinbase Global for $99,883,468. Following the Form 4 filing with the SEC, Armstrong has control over a total of 526 shares of the company, with 526 controlled indirectly.

There was a noteworthy activity in $MicroStrategy (MSTR.US)$, with $530 calls topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 187.7x with 34,163 contracts.

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