Overnight, the Nasdaq fell for the fourth consecutive day, with Tesla leading the decline in blue-chip technology stocks, while most Chinese concept stocks rebounded.
<h3>Overview of US Stock Options Trading</h3>
The top ten US stock options trading on the day were: Tesla, Apple, JPMorgan Chase, NVIDIA, AMD, Sofi Tech, Amazon, Citigroup, Alibaba, and Marathon Digital.
Among them:
Tesla fell 4%, with options trading rebounding to 2.28 million contracts, with a 50-50 split between call options and put options. Call options with a strike price of $245 and $240 expiring on January 5th, as well as put options with a strike price of $235, all traded over 90,000 contracts.
Apple fell nearly 1%, with options trading falling to 1.07 million contracts, with put options accounting for 54.3%. Put options with a strike price of $200 expiring on January 19th traded nearly 90,000 contracts.
JPMorgan Chase surged unexpectedly, with options trading skyrocketing to 970,000 contracts, with call options accounting for 95.6%. Call options with a strike price of $155 expiring on January 19th traded 170,000 contracts, call options with a strike price of $150 traded nearly 140,000 contracts, and call options with strike prices of $145 and $130 both traded nearly 100,000 contracts.
NVIDIA fell over 1%, with options trading at 830,000 contracts, with call options accounting for 58.9%.
AMD fell over 2%, with options trading at 550,000 contracts, with call options accounting for 57.5%.
Sofi Tech plummeted 14%, with options trading skyrocketing to 530,000 contracts, with a 50-50 split between call options and put options.
Amazon fell 1%, with options trading at nearly 500,000 contracts, with call options accounting for 57.2%.
Citigroup rose over 1%, with options trading rising to 470,000 contracts, with call options accounting for 77.7%.
Alibaba rose nearly 3%, with options trading skyrocketing to nearly 460,000 contracts, with put options accounting for 55.8%. Put options with strike prices of $95 and $100 expiring on January 19th both traded over 70,000 contracts.
<img src="https://pub.pbkrs.com/cms/2024/0/Whxrbsid4mVjEM2UKEk3Y1tLuVs1tgYC.jpg?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/cms/2024/0/Whxrbsid4mVjEM2UKEk3Y1tLuVs1tgYC.jpg"/><img src="https://pub.pbkrs.com/cms/2024/0/cTWrxeJ7SXD1Q9jsLS4JP96s2qHzWm2G.jpg?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/cms/2024/0/cTWrxeJ7SXD1Q9jsLS4JP96s2qHzWm2G.jpg"/>

The trading volume of JPMorgan Chase options surged to 970,000 contracts, with a call option ratio of 95.6%. A total of 170,000 call options with a strike price of $155 and an expiration date of January 19th were traded! The trading volume of Alibaba options skyrocketed to nearly 460,000 contracts, with a put option ratio of 55.8%. More than 70,000 put options with strike prices of $95 and $100 were traded.

LB Select

Tesla

Apple

JPMorgan Chase

NVIDIA

SoFi Tech

Amazon

Citigroup

Alibaba

Mara

BABA-W

BABA-WR

US Stock Options | BABA-SWR Put Trading Soars! Unexpectedly Dominated by Morgan Stanley, Over 90% of Call Options are Wildly Bet!