Options Spy: Amazon 0DTE options bullish. Agencies bet tens of millions of heavy bearish Apple.

The S&P 500 and the Nasdaq Composite index both fell on Thursday (7th), closing down for four consecutive trading days. After the news that the authorities expanded the iPhone ban, $Qualcomm (QCOM)$, $Sijia news (SWKS)$and other Apple stocks collectively weakened. At the same time, U.S. jobless claims continued to fall, adding to concerns about sticky inflation and the outlook for higher interest rates.

Apple (AAPL), the S&P's biggest weight, fell for a second straight session, closing down nearly 3 percent on Thursday after dropping 3.6 percent the day before. There have been reports that China intends to extend the ban to official institutions and state-owned enterprises.

On the economic front, a Labor Department report showed the number of Americans claiming unemployment benefits fell to 216,000 in the week ended Sept. 2, the lowest level since February, adding uncertainty to the outlook for the Federal Reserve's interest rate policy. Investors are awaiting the release of August inflation data in a week.

CME's FedWatch tool shows the probability of the Fed leaving rates unchanged in September now stands at 93 percent, with a lower 53.5 percent chance of remaining on hold in November.

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0DTE Options:

Amazon 0DTE call volume reached 19,300 with a strike price of $138.

$AMZN 20230908 138.0 CALL$ $CHPT 20230908 5.5 PUT$

Option buyer open position (Single leg)

Highlight order:

Buy TOP T/O: $AAPL 20240920 175.0 PUT$ $UPS 20230915 175.0 PUT$

Buy TOP Vol: $KVUE 20230915 22.0 CALL$ $SCHW 20230915 54.0 PUT$

Note: This image data is from Tiger PC. This screening is a significant buy open position for options contracts in the market. The purchase of a call option means that the trader believes that the underlying has upward momentum, and the purchase of a put option means that the trader believes that the underlying has downward momentum. These contract openings typically indicate significant activity in the underlying stock, including whether the trader is willing to accumulate a long or short option position.

Option seller open position (Single leg)

Highlight order:

Sell TOP T/O: $UPS 20230915 180.0 PUT$ $TGT 20230915 140.0 PUT$

Sell TOP Vol:: $AVTR 20231117 17.5 PUT$ $PM 20231215 100.0 CALL$

Note: This image data is from Tiger PC. This screen is a significant sell open position for an option contract in the market. A sell of a call option means that the trader believes that the underlying trend has peaked, and a sell of a put option means that the trader believes that the underlying trend has bottomed. These contract openings typically indicate significant activity in the underlying stock, including whether the trader is willing to accumulate a long or short option position.

Options portfolio open position

Note: This image data is from Tiger PC. This screening is a significant portfolio of options contracts in the market. Portfolio opening includes a variety of underlying trends, requiring traders to further master the basic knowledge of options for analysis and judgment.

# Describe greek letter of options in one sentence!

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  • lemonboy
    ·2023-09-10

    Great ariticle, would you like to share it?

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  • Kopitiam Kid
    ·2023-09-10

    Great ariticle, would you like to share it?

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  • Alas1209
    ·2023-09-10

    Great article you want to share it 

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  • KSR
    ·2023-09-09
    👍
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  • LEESIMON
    ·2023-09-08
    [Love]Good
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