Thursday’s total option volume of 42.9 million contracts resulted in net open interest growth of 4.70 million calls and 3.10 million puts. NVIDIA (NVDA), Amazon (AMZN), Nike (NKE) and Tesla (TSLA) saw the greatest growth. Top five new positions opened include 125k Amazon (AMZN) Sep-24 190 calls, 59k Bilibili (BILI) Aug-24 23 calls, 21k NVIDIA (NVDA) Aug-24 100 puts, 21k Rigel Pharmaceuticals (RIGL) Jul-24 0.5 (nonstd RIGL1) puts and 20k NVIDIA (NVDA) Aug-24 100 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>>
Read More on NVDA:
- Apple Stock (NASDAQ:AAPL): AI Device Supercycle May be Up Ahead
- Super Micro Computer Stock (NASDAQ:SMCI): Can It Go Higher from Here?
- ‘Get Ready for Another Upswing,’ Says Top Analyst About Nvidia Stock
- Masayoshi Son’s SoftBank Backs Perplexity AI at $3B Valuation
- Nvidia price target raised to $140 from $128 at Truist