Options Hotspot | Thursday OPEN Options Data Interpretation

1. Options Trading Statistics OPEN The trading activity in the options market remains high, with trading volume approaching one million contracts and a significant increase in open interest, indicating that the tug-of-war between bulls and bears is ongoing. The low Put/Call ratio suggests that the market still leans bullish, but caution is needed regarding the risk of a sharp decline in option prices due to a drop in implied volatility (IV). Daily trading volume: 975,100 contracts (an increase of 87% compared to the 30-day average) Put/Call trading volume ratio: 0.38 (more call options traded) Open interest (OI): 2,558,900 contracts (an increase of 204% compared to the 30-day average of 842,571 contracts) Put/Call open interest ratio: 0.45 (more call options held) 2. Implied Volatility (IV) Analysis OPEN The IV in the options market remains at a high range. IV is still at an extremely high level (93rd percentile), indicating that the market still expects significant fluctuations in OPEN's stock price. The IV Rank is only 33.76%, meaning that while the current IV is high, it has significantly retreated from recent extreme levels, which may reflect a cooling of speculative sentiment, and further decline risks should be monitored