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Options Spy | Used car growth worries, institutions sell CVNA call option orders
@OptionsBB:Traders were cautious ahead of the CPI data, with energy and financial stocks leading the decline. Samsung, MCHP issued profit warnings, Nvidia hit another record high. Jpmorgan, Bank of America, Citigroup and Wells Fargo are due to report fourth-quarter and full-year results on Friday. Banking giants are expected to report lower fourth-quarter profits this week as they set aside money to cover bad loans while paying more fees to depositors, Wall Street forecasts. Wholesale used car prices stabilized in 2024 after falling for two years from record highs. Auto data firm Cox Automotive estimates wholesale prices for its manheim Used Car Value Index, which tracks prices of used cars sold at wholesale auctions in the United States, will end 2024 just 0.5 percent higher than they were in December 2023. (Pricing fluctuates from month to month due to sales seasonality and other factors). Used car sales are expected to grow less than 1 percent to 36.2 million units, according to Cox estimates. U.S. new car and truck sales are forecast to grow a downbeat 1.3 percent this year to 15.7 million vehicles, compared with expected used-car sales. The market is bearish on the recent trend of used car platform CVNA, with a large order selling CALL option $CVNA 20240419 55.0 CALL$ Li has a large volume of sell put option orders: $LI 20240315 34.0 PUT$ $LI 20240419 27.0 PUT$ * 10:30 ~ 11:30 every day, real-time sharing of exclusive screening options large order, welcome to click to subscribe. FANNG option active $Meta Platforms, Inc.(META)$ Sell CALL options $META 20240517 420.0 CALL$ Sell PUT options $META 20250620 310.0 PUT$ Option buyer open position (Single leg) Buy TOP T/O: $ARM 20260116 70.0 CALL$ $FDX 20240119 270.0 PUT$ Buy TOP Vol: $SSRM 20240315 11.0 CALL$ $EVRG 20241220 40.0 PUT$ 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) Sell TOP T/O: $META 20250620 310.0 PUT$ $MNDY 20240621 210.0 CALL$ Sell TOP Vol: $AVTR 20240216 19.0 PUT$ $NU 20240419 10.0 CALL$ 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.
Options Spy | Used car growth worries, institutions sell CVNA call option ordersDisclaimer: 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.