Option Movers｜AMD's Volume Surges 168%; CoreWeave's $120 Put Surges 200%; Unitedhealth Shows Bearish Sentiment
Market Overview
The benchmark S&P 500 and Nasdaq indexes hit new closing highs for the second straight day on Wednesday(Aug 13) on hopes that the Federal Reserve was getting close to a monetary easing cycle.
Regarding the options market, a total volume of 55,781,959 contracts was traded.
Top 10 Option Volumes
Source: Tiger Trade App
$Advanced Micro Devices(AMD)$ stock rose 5.41% to a 52-week high. The stock, currently trading at $184.42 and commanding a market cap of $299.82 billion, has shown remarkable momentum with a 56% surge over the past six months. Mizuho has raised its price target on AMD to $205 from $183 while maintaining an Outperform rating, citing continued growth in hyperscaler capital expenditure and additional tailwinds from China.
There are 1.77M $Advanced Micro Devices(AMD)$ option contracts traded on Wednesday, up 168% from the previous trading day. Call options account for 65% of overall option trades. Particularly high volume was seen for the $185 strike call option expiring August 15, with 187,862 contracts trading. $AMD 20250815 185.0 CALL$
Unusual Options Activity
Source: Market Chameleon
$CoreWeave(CRWV)$, the artificial-intelligence cloud vendor, reported a wider-than-expectedsecond-quarter lossbut revenue of $1.21 billion that rose from $395.4 million a year earlier and beat expectations of $1.08 billion. “We are scaling rapidly as we look to meet the unprecedented demand for AI,” said Chairman and CEO Michael Intrator. The company said it anticipates full-year revenue of between $5.15 billion to $5.35 billion, higher than consensus of $5.05 billion consensus. Shares, however, fell 21%.
There are 743.38K $CoreWeave(CRWV)$ option contracts traded on Wednesday, up 56% from the previous trading day. Call options account for 57% of overall option trades. Particularly high volume was seen for the $120 strike put option expiring August 15, with 24,059 contracts trading. $CRWV 20250815 120.0 PUT$
TOP 10 S&P 500 Bullish & Bearish
This report shows stocks with the highest volume of bullish and bearish activity by option delta volume, which converts option volume to an equivalent stock volume (bought or sold).
If we take the total positive option delta volume and subtract the total negative option delta volume, we will get the net imbalance. If the net imbalance is positive, there is more bullish pressure. If the net is negative, there is more bearish pressure.
Based on option delta volume, traders sold a net equivalent of -1,136,068 shares of $UnitedHealth(UNH)$ stock. The largest bearish delta came from buying puts. The largest delta volume came from the 15-Aug-25 470 Put, with traders getting short 650,000 deltas on the single option contract.
Top 10 bullish stocks: NVDA, TJX, ABNB, PG, WBD, HPE, LLY, INTC, C, META
Top 10 bearish stocks: UNH, AAPL, LULU, AMZN, TSLA, F, AMD, COIN, DIS, WMT
Source: Market Chameleon
If you are interested in options and you want to:
Share experiences and ideas on options trading.
Read options-related market updates/insights.
Learn more about options trading if you are a beginner in this field.
Please click to join Tiger Options Club
$(UNH)$ $(CRWV)$ $(AMD)$Disclaimer: 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.
