Last week, during the Chinese New Year holiday, the tech giants in the US stock market had a rather tough week.
<h3>Overview of US Stock Options Trading</h3>
The top ten US stock options trading before last Friday were: Tesla, NVIDIA, Super Micro Computer, Apple, AMD, Meta, Coinbase, Amazon, Palantir Tech, and Marathon Digital.
Specifically:
<ul>
<li>
Tesla saw a slight drop, with options trading surging to 3.57 million contracts, with call options accounting for 70%. Call options with a strike price of $200 and $205 expiring on February 23rd traded nearly 150,000 and 110,000 contracts respectively.
</li>
<li>
NVIDIA experienced a slight decline, with options trading increasing to 1.72 million contracts, with 63% being call options. Put options with a strike price of $730 expiring on the same day traded over 90,000 contracts.
</li>
<li>
Super Micro Computer plummeted by 20%, with options trading skyrocketing to 980,000 contracts, with 54% being put options. Put options with a strike price of $800 expiring on the same day traded 70,000 contracts.
</li>
<li>
Apple dropped by nearly 1%, with options trading rising to 960,000 contracts, with call options accounting for nearly 70%. Call options with a strike price of $185 traded 50,000 contracts.
</li>
<li>
AMD fell by almost 2%, with options trading increasing to 740,000 contracts, with 67% being call options. Put options with a strike price of $175 traded over 50,000 contracts.
</li>
<li>
Meta, Coinbase, and Amazon all had options trading exceeding 600,000 contracts, predominantly in call options.
</li>
<li>
Palantir Tech dropped by nearly 4%, with options trading at 500,000 contracts, with call options accounting for 61.5%.
</li>
<li>
Alibaba saw a slight increase, with options trading at 270,000 contracts, with call options accounting for 75.5%.
</li>
</ul>
<img src="https://pub.pbkrs.com/cms/2024/0/ziyaQsELNyTkAtXBBqsrjmk9PA7voKPK.jpg?x-oss-process=style/lg" alt="Image 1" original-src="https://pub.pbkrs.com/cms/2024/0/ziyaQsELNyTkAtXBBqsrjmk9PA7voKPK.jpg"/><img src="https://pub.pbkrs.com/cms/2024/0/F6BsJ1FcdNwfCyPyKSpNgUj7nWDBmhHd.jpg?x-oss-process=style/lg" alt="Image 2" original-src="https://pub.pbkrs.com/cms/2024/0/F6BsJ1FcdNwfCyPyKSpNgUj7nWDBmhHd.jpg"/>

The two hottest contracts last Friday were: Tesla contracts expiring on February 23 with strike prices of $200 and $205 respectively, with nearly 150,000 and 110,000 contracts traded; NVIDIA contracts expiring on the same day with a strike price of $730 also traded over 90,000 contracts, while Super Micro Computer contracts with a strike price of $800 traded 70,000 contracts.

LB Select

Tesla

NVIDIA

Super Micro Computer

Apple

Meta Platforms

Coinbase

Amazon

Palantir Tech

Mara

Alibaba

In the U.S. stock options market, transactions for Tesla, NVIDIA, and Super Micro Computer have surged! Are put options back in the market again?