Tuesday’s total option volume of 38.4 million contracts resulted in net open interest growth of 4.24 million calls and 3.49 million puts. NVIDIA (NVDA), Tesla (TSLA), Amazon (AMZN) and Cytokinetics (CYTK) saw the greatest growth. Top five new positions opened include 21k SSR Mining (SSRM) Mar-24 11 calls, 20k Lumen Technologies (LUMN) Dec-26 1 puts, 20k Lumen Technologies (LUMN) Dec-26 3 puts, 19k Cenovus Energy (CVE) Feb-24 17 calls and 17k Amazon (AMZN) Feb-24 115 calls.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on NVDA:
- Oppenheimer Unveils Its 2024 Prediction for Chip Stocks and Names Its Top Picks, Including Nvidia, Broadcom, and Marvell
- Nvidia and Intel: Top Analyst Selects the Best Chip Stocks to Buy
- Notable open interest changes for January 9th
- Nvidia healthcare vertical 2-3 years ahead of target, says JPMorgan
- Nvidia plans to launch AI chip for China in Q2, Reuters says