Options Market Statistics (2/8): Microsoft Receives Bullish Bets After Adding ChatGPT to Bing

Futures slipped, suggesting a rally in U.S. stocks could pause Wednesday as investors consider what Federal Reserve Chair Jerome Powell's recent remarks mean for the trajectory of interest rates.

A key focus for investors this week has been comments from Fed officials. Following Mr. Powell's remarks Tuesday, bank officials including Federal Reserve Bank of Minneapolis President Neel Kashkari and Fed governor Christopher Waller are due to speak on Wednesday.

Days after $Apple(AAPL)$ CEO Tim Cook said the 'Buy Now, Pay Later' service will be "launching soon," the tech giant has reportedly started contacting retail employees to offer them a test version. Apple shares rose nearly 2%, with option volume of nearly 1.13 million, and calls accounted for 59.1% of the volume. The 155.00 calls expiring Friday lead the flow with the highest volume.

$Microsoft(MSFT)$ held a press event on Tuesday to announce ChatGPT integration into its services. Microsoft shares rose nearly 4% on the event, with option volume of nearly 820,000, and calls accounted for 67.3% of the volume.

After a wild day for the meme stocks, $Bed Bath & Beyond(BBBY)$  shares plunged more than 48%, with option volume of nearly 1.09 million, and calls accounted for 56.4% of the volume.

$Tesla Motors(TSLA)$ Chief Elon Musk teased another update about "Master Plan 3′′ late on Tuesday night, hinting that it would be revealed at the electric vehicle firm's Investor Day event at Giga Texas. Tesla shares rose 2.52%, with option volume of nearly 2.42 million, and calls accounted for 61.9% of the volume. The 200.00 and 195.00 calls expiring Friday lead the flow with the highest volumes.

Movie-theater chain's Sightline at $AMC Entertainment(AMC)$  will assign prices to seats based on sightlines to the movie screen. AMC shares fell more than 9%, with option volume of nearly 450,000 options traded, and calls accounted for 66.6% of the volume.

@TigerStars  @Daily_Discussion