Options Market Statistics: Traders Purchase Large Volume of Calls on Google and C3.ai

Stocks looked set to end the quarter on a positive note, after a stormy three months in which markets have been whipsawed by strains in the banking system as well as shifting outlooks for inflation and interest rates.

$Tesla Motors(TSLA)$  shares climbed 6.24%, with option volume of 3.82 million, and calls accounted for 58.6%.

Tesla was due to report first-quarter deliveries on Sunday. Wall Street projects about 420,000 units, which would be a quarterly record.

The electric-vehicle company reported delivering 422,875 vehicles in the first quarter on Sunday, which beats Wall Street's estimation.

$AMC Entertainment(AMC)$ shares edged higher by 0.80%, with option volume of 0.60 million, and puts accounted for 69.2%. Puts are outnumbering calls at a 2:1 ratio.

$C3.ai, Inc.(AI)$  shares surged 21.50%, with option volume of 0.34 million, six times its 30-day average volume. Calls are outnumbering puts at a 3:1 ratio.

Personal consumption expenditures (PCE) grew .3% in February, less than experts expected. This is a sign that inflation could be falling further. As a result, bond yields have dropped, driving the price of many growth stocks higher.

C3.ai is an early mover in the AI space and has seen a significant increase in volume following the rise of ChatGPT and other AI tools. The company provides AI software as well as turnkey solutions for companies that are looking to implement AI. Investors are now keenly aware of AI's potential impact on virtually every industry.



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# 💰 Stocks to watch today?(20 May)

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  • jeffry09
    ·2023-04-09
    I have some questions. Who will lose market share to TSLA around 700,000 units increase this year. Who will go broke first, GM, F, OR European company. Can TSLA makes 2.4 million units next year?
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  • XantheJuliana
    ·2023-04-09
    $200 incoming this week. Tesla usually rises before its earnings call
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  • YorkTurner
    ·2023-04-09
    Tesla is facing a new class-action lawsuit on behalf of anyone who owned or leased a Tesla since 2019.
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  • YeddaJohnson
    ·2023-04-09
    EVs will be produced by many, diluting Tesla’s position, according to Kia and many others.
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  • shining87
    ·2023-04-09
    Tesla pumpers are jumping ship for the next tulip—AI.
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  • CYKuan
    ·2023-04-09
    thanks for sharing
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  • Michellesoh
    ·2023-04-04
    😀
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  • nomisc
    ·2023-04-03
    [Like]
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    • Mrzorro
      [Happy]
      2023-04-03
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  • Kok Weng
    ·2023-04-03
    [Cool]
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  • Vincentwong
    ·2023-04-03
    Ok
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  • Nggimseng
    ·2023-04-03
    Nice
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    • Mrzorro
      Thanks
      2023-04-03
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  • Vincentwong
    ·2023-04-03
    Ok
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  • Vincentwong
    ·2023-04-03

    Ok

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  • DarrenTayCW
    ·2023-04-03
    thanks
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    • Mrzorro
      [love you]
      2023-04-03
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  • pandalinden
    ·2023-04-03
    tks
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    • Mrzorro
      [Happy]
      2023-04-03
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  • Silventis
    ·2023-04-03
    Ok
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  • terrypwkt
    ·2023-04-03
    hi
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  • Stormriders28
    ·2023-04-03
    K
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  • WarisHeng
    ·2023-04-03
    Ok
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  • KlWong
    ·2023-04-03
    Ok
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