Option Movers|Apple Sees 63% Call Options; Hertz's $9 Call Soars 250%

Option Movers11:41

U.S. stocks ended mixed on Tuesday(Apr 7) amid signs of progress in negotiations as the minutes ticked down to President Donald Trump's deadline for Iran to open the Strait of Hormuz.

Regarding the options market, a total volume of 45,807,154 contracts was traded on Tuesday.

Top 10 Option Volumes

Source: Tiger Trade AppSource: Tiger Trade App

Apple shares fell 2% on Tuesday. A Nikkei report indicated that Apple encountered setbacks during the engineering testing phase of its first foldable iPhone, potentially delaying mass production and shipment schedules.

A total number of 1.19M options related to Apple were traded on Tuesday, of which call options accounted for 63%. Particularly high volume was seen for the $255 strike call option expiring Apr. 8 with 83,351 contracts trading. $AAPL 20260408 225.0 CALL$

Unusual Options Activity

Source: Market ChameleonSource: Market Chameleon

Hertz Global Holdings, Inc. shares surged 11% after used car prices rose to the highest point since summer 2023.

A total number of 492,189 options related to Hertz Global Holdings, Inc. were traded on Tuesday, of which call options accounted for 57%. Particularly high volume was seen for the $9 strike call option expiring Apr. 17 with 102,686 contracts trading. $HTZ 20260417 9.0 CALL$

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