Option Movers | Micron's Volume Jumps 81%; Qualcomm Sees 71% Call Options

Option Movers12:25

Market Overview

The Nasdaq closed lower ​on Thursday (June 25), ​dragged down by losses in Big Tech shares, while the S&P closed near flat and the Dow closed higher as investors digested new economic data.

Regarding the options market, a total volume of 63,895,312 contracts was traded, up 1% from the previous trading day.

Top 10 Option Volumes

Top 10: NVDA, AAPL, TSLA, MU, MSFT, AMZN, MSTR, PLTR, INTC, SPCX

Source: Tiger Trade App

NVIDIA dropped 1.6% to $195.74 on Thursday. It appeared to be establishing a trading range with a floor of roughly $200 after breaking through that level in April. However, shares fell through that floor on Thursday.

There are 2.99M Nvidia option contracts traded on Thursday, down 16% from the previous trading day. Call options account for 61% of overall option trades. Particularly high volume was seen for the $200 strike call option expiring June 26, with 162,891 contracts trading. NVDA 20260626 200.0 CALL

Apple slid 6.1% on Thursday after hiking prices for iPads ‌and MacBooks to counter surging memory and ‌storage chip costs.

There are 1.92M Apple option contracts traded on Thursday, up 65% from the previous trading day. Call options account for 60% of overall option trades. Particularly high volume was seen for the $280 strike call option expiring June 26, with 105,672 contracts trading. AAPL 20260626 280.0 CALL

Unusual Options Activity

Source: Market Chameleon

Micron Technology soared 15.7% on Thursday after the company beat analysts’ third-quarter earnings target and revenue surged 346% from a year ago.

There are 1,452,486 Micron option contracts traded on Thursday, up 81% from the previous trading day. Call options account for 49% of overall option trades. Particularly high volume was seen for the $1300 strike call option expiring June 26, with 55,355 contracts trading. MU 20260626 1300.0 CALL

Qualcomm gained 3.7% after the chip maker almost doubled its fiscal 2029 non-handset sales target and revealed that Facebook parent Meta Platforms was one of its customers.

There are 226,972 Qualcomm option contracts traded on Thursday, up 32% from the previous trading day. Call options account for 71% of overall option trades. Particularly high volume was seen for the $220 strike call option expiring June 26, with 15,587 contracts trading. QCOM 20260626 220.0 CALL

If you are interested in options and you want to:

  • Share experiences and ideas on options trading.

  • Read options-related market updates/insights.

  • Learn more about options trading if you are a beginner in this field.

Please click to join Tiger Options Club

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment