Options Market Statistics: Tesla Earnings Miss Estimates, Share Price Falls After Hours, Options Pop
News Highlights
$NVIDIA (NVDA.US)$ fell 0.77%. Its options trading volume was 1.95 million. Call contracts account for 56.9% of the total trading volume. The $120 calls expiring July 26 were traded most actively.
$Tesla (TSLA.US)$ fell 2.04%. Its options trading volume was 1.47 million. Call contracts account for 56.8% of the total trading volume. The $265 calls expiring July 26 were traded most actively.
Shares of the electric vehicle maker dropped 7% after second-quarter earnings fell short of consensus estimates. Tesla reported adjusted earnings per share of 52 cents, whereas analysts surveyed by LSEG had projected 62 cents per share. However, the company did report $25.5 billion in quarterly revenue, slightly surpassing the Street's estimate of $24.77 billion.
$Alphabet-A (GOOGL.US)$ rose 0.07%. Its options trading volume was 0.46 million. Call contracts account for 66.1% of the total trading volume. The $160 puts expiring Jan. 17 2025 were traded most actively.
The tech giant slipped 2% despite surpassing both top and bottom line expectations in the second quarter. Alphabet reported earnings of $1.89 per share on $84.74 billion in revenue, exceeding consensus estimates of $1.84 per share on $84.19 billion in revenue. However, revenue from its YouTube advertising segment fell short of forecasts.
Unusual Stock Options Activity
There was a noteworthy activity in $Raymond James Financial (RJF.US)$, where multiple puts have topped volume to open interest ranking. The highest volume over open interest ratio reaches 98.2x with 17,870 contracts.
Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, The Guardian, Bloomberg
Call/Put Option: Trade Options: Quickstart Guide
Option Expiration: Trade Options: Quickstart Guide
Implied Volatility Rank: Volatility Analysis: IV, HV, IV Rank, IV Percentile
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104371487 On Paris : #Mag 7 earnings: Tesla and Alphabet are up next,
what to expect?
Laine Ford : buy
101550592 :
Laine Ford : I ready all little time to buy stock maybe buy it here