Options Market Statistics: PDD Options Pop as US-Listed Chinese Stocks Continue to Rise on Stimulus Strength
$PDD Holdings (PDD.US)$ shares increased 4.85%, with with option volume of 0.55 million, and calls accounted for 59.4% of the volume.The $160 calls expiring October 4 were traded most actively.
$JD.com (JD.US)$ shares climbed 4.36%, with with option volume of 0.31 million, and calls accounted for 66.4% of the volume. The $44.5 calls expiring October 4 were traded most actively.
Shares of US-listed Chinese stocks are trading higher on continued strength following recent stimulus measures.
Hedge funds are pouring $2.4 billion into ETFs focusing on Chinese equities over the last three trading sessions of September, driven by much bigger than expected stimulus packages, marking the largest weekly gains in over a decade, according to Goldman Sachs.
$Super Micro Computer (SMCI.US)$ shares increased 3.58%, with with option volume of 0.39 million, and calls accounted for 53.8% of the volume. The $42 calls expiring October 4 were traded most actively.
SMCI joined a growing list of semiconductor companies that have split their stocks after the market closed on Monday. A 10-for-1 stock split took effect after Monday's trading ends, and the shares began trading on a post-split basis starting on Tuesday.
Unusual Stock Options Activity
There was a noteworthy activity in $KE Holdings (BEKE.US)$, where $24 puts have topped volume to open interest ranking. The highest volume over open interest ratio reaches 74.1x with 18,593 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
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Implied Volatility Rank: Volatility Analysis: IV, HV, IV Rank, IV Percentile
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