Options Spy | A pullback week? Institutional buy put option hedging

$Tesla Motors(TSLA)$ fell for the third day in a row, and Tesla shares have fallen more than 11% so far, wiping out more than $70 billion in market value. Morgan Stanley analyst Adam Jonas cut his price target on Tesla to $320 from $345, saying demand for electric vehicles in key markets continues to weaken despite the steep price cuts. Option transaction shows large CALL option sell order $TSLA 20240328 170.0 CALL$ .

$SUPER MICRO COMPUTER INC(SMCI)$ Nvidia hit a top pullback on Friday, with option transactions showing large open positions in forward puts to buy $SMCI 20250117 1100.0 PUT$  $SMCI 20240621 1150.0 PUT$ 

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FANNG option active

Option buyer open position (Single leg)

Buy TOP T/O:

$AAPL 20240315 195.0 PUT$  $TSLA 20240315 183.33 CALL$ 

Buy TOP Vol:

$TSLA 20240315 183.33 CALL$  $BMBL 20240419 9.0 PUT$ 

Option seller open position (Single leg)

Sell TOP T/O:

$AAPL 20240322 190.0 PUT$  $TSLA 20260116 130.0 PUT$ 

Sell TOP Vol:

$BMBL 20240419 9.0 PUT$  $OXY 20240315 59.0 PUT$ 

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.

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  • Sukie Yong
    ·03-12

    Great ariticle, would you like to share it?

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