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Options Market Statistics: GameStop Stock Options Pop After Earnings

Stocks and government-bond yields sank after the Federal Reserve raised interest rates but signaled that further rate hikes might be limited.Meanwhile, in a Senate hearing, Treasury Secretary Janet Yellen said that even as officials try to contain the fallout from recent banking distress, she isn't considering plans to guarantee all bank deposits. The comments tempered some investors' views of how far the government will go to accommodate the uninsured deposits of troubled banks' customers.

$Tesla Motors(TSLA)$ shares dropped by 3.25%, with option volume of 2.17 million, and calls accounted for 59.5%. The 200.00 calls expiring Friday lead the flow with a volume of 272,709.

$NVIDIA Corp(NVDA)$  shares edged higher by 1.03%, with option volume of 1.39 million, and puts accounted for 52.4%. The 270.00 calls expiring Friday lead the flow with a volume of 77,018.

NVIDIA Corp shares are moving higher Wednesday in the wake of the company's GPU Technology Conference (GTC). Several analysts raised price targets on the stock following the event.

Nvidia CEO Jensen Huang referred to the recent acceleration of artificial intelligence as the "iPhone moment for AI" during the event on Tuesday.

$GameStop(GME)$ shares soared 35.24%, with option volume of 0.70 million, seven times its 30-day average volume, and calls accounted for 58.9%.

GameStop announced fourth-quarter financial results after the market close Tuesday. The revenue total and EPS beat the estimate from analysts.

$AMC Entertainment(AMC)$  shares edged lower by 1.59%, with option volume of 0.40 million, and puts accounted for 51.6%. The 5.00 calls expiring Friday lead the flow with a volume of 43,719.

AMC is moving up after GameStop reported better-than-expected quarterly earnings and sales. GameStop heads meme-stock rally.

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