To The Moon

Options Market Statistics (2/10): FOMO Options Bets Sweep Market During Stock Rally

U.S. stock futures slipped and oil prices rose, with the S&P 500 on track for its worst week so far in 2023.

The S&P 500 has already dropped 1.3% in the first four sessions of this week, putting it on course for its poorest weekly performance since mid-December, when it fell 2.1%.

More than 40 million call-option contracts changed hands in a single day in early February—the highest level on record and nearly topping 2022's daily average volume for puts and calls combined. That propelled overall activity above 68 million contracts, also a record, according to Cboe Global Markets CBOE 0.53% increase; green up pointing triangle data.

 $Tesla Motors(TSLA)$ shares rose more than 3% yesterday. Option volume of nearly 4.1 million, and calls accounted for 57.9% of the volume, fueled by the speculation bets. The 210.00, 215.00, and 220.00 calls were trading most actively.

Shares of $Alphabet(GOOG)$  plunged more than 4%, with option volume of nearly 1.67 million, and calls accounted for 69.5% of the volume. The 100.00 calls expiring Friday were traded most actively.

$NVIDIA Corp(NVDA)$ shares rose slightly, with option volume of nearly 0.99 million, and puts accounted for 53% of the volume. The 230.00 calls expiring Friday were traded most actively.

$Apple(AAPL)$  shares fell 0.69%, with option volume of nearly 970,000, and calls accounted for 61.9% of the volume. The 152.5 calls expiring Friday were traded most actively.

@TigerStars  @Daily_Discussion