Options Market Statistics: Super Micro Computer Shares Climb Following Bullish Coverage from BofA, Options Pop
News Highlights
$Tesla (TSLA.US)$ shares rise by 6.22%, closing at $200.45. Its options trading volume is 3.21 million. The most traded calls are contracts of $190 strike price that expire on Feb 16th. The total volume reaches 103,150 with an open interest of 21,200. The most traded puts are contracts of a $182.5 strike price that expires on February 16th; the volume is 128,835 contracts with an open interest of 11,252.
Tesla rose 6% amid rising optimism that the Biden administration could enact proposed Environmental Protection Agency regulations next month that might speed up the electric vehicle transition.
$Super Micro Computer (SMCI.US)$ shares rise by 14.02%, closing at $1004.2. Its options trading volume is 0.51 million. The most traded calls are contracts of $800 strike price that expire on Feb 16th. The total volume reaches 9,091 with an open interest of 2,545. The most traded puts are contracts of a $700 strike price that expires on February 16th; the volume is 9,413 contracts with an open interest of 3,265.
The catalyst that drove the server and storage solution specialist's stock higher was bullish coverage by a major bank. Bank of America initiated coverage on Supermicro with buy rating and a Street-high price target. Its analyst suggests the AI server market may be much bigger than some believe.
Unusual Stock Options Activity
Some notable put activity is being seen in $Carvana (CVNA.US)$, which is primarily being driven by activity on the May 17th Calls. Volume on this contract is 21,757 versus open interest of 296.
For all the mooers in Singapore, you can now lower your options commssions with our new campaign. Come check the link: US Stock Option.
Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, CNBC, The Motley Fool
Disclaimer: Options trading entails significant risk and is not appropriate for all investors. Certain complex option strategy carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Option. This article is for information and illustrative purposes only, and is not a promotion of option trading or a recommendation of any of the specific option mentioned above.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo News Official Account
Empower your trading with options news and insights. Stay informed, make better decision, trade wiser. Not an advisor
17KFollowers
14Following
41KVisitors
Follow