Options Market Statistics (2/7): Tesla Options Traders Are More Bullish Than Musk

Stock futures wavered Tuesday ahead of comments from Federal Reserve Chair Jerome Powell that investors hope will shed light on the path for U.S. interest rates.

Mr. Powell is due to speak at the Economic Club of Washington at 12:40 p.m. ET, in an interview with Carlyle Co-Chairman David Rubenstein.

Investors will dissect Mr. Powell's comments for clues on how the Fed chair is thinking about future monetary policy. Investors have grown optimistic that the Fed is approaching the end of its most aggressive series of interest-rate increases since the 1980s.

$Tesla Motors(TSLA)$ shares edged higher by 2.52%, with option volume of nearly 2.21 million, and calls accounted for 64.4% of the volume. The 200.00 calls expiring Friday lead the flow with a volume of 140,000.

Wedbush lowered BBBY price target on $Bed Bath & Beyond(BBBY)$ to $0, saying the struggling retailer's planned equity offering was a "last gasp" before filing for bankruptcy protection. The equity offering, announced Monday, plans to raise more than $1 billion to repay debt. Shares up 92.13% yesteday, with volume 2x normal at 1.05 million contracts, and calls accounted for 65% of the volume.

$AMC Entertainment(AMC)$  shares jumped nearly 12%, with option volume of 960,000, also nearly doubling, with puts accounted for 55.1% of the volume. Puts on AMC with farther out expiration date were traded actively, with a strike price of $2.00 and $4.00, respectively.

$Apple(AAPL)$ shares were nearly 2% lower, with option volume of 1.05 million, and calls accounted for 52.5% of the volume. The 150 and 155 calls expiring Friday were the traded most actively.

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