The three major U.S. stock indexes closed higher on Monday(Sep 15) with the S&P 500 and the Nasdaq notching intraday record high closes, as investors await the Federal Reserve's crucial policy meeting later this week.
Regarding the options market, a total volume of 56,762,050 contracts was traded on Monday.
Top 10 Option Volumes
Source: Tiger Trade App
SoFi Technologies Inc. shares traded higher on Monday, hitting a new 52-week high as Wall Street extended record gains, with investors positioning ahead of this week's key Federal Reserve meeting. Optimism is building that policymakers could deliver a potential 25-basis-point rate cut, lowering the federal funds rate to 4.00%–4.25%.
A total number of 560.62K options related to SoFi Technologies Inc. were traded on Monday, up 27% from the previous trading day, of which call options accounted for 68%. Particularly high volume was seen for the $28 strike call option expiring Sept. 19, with 28,997 contracts trading. The $28 SoFi strike call option expiring Sept. 19 surged 103% on Monday. $SOFI 20250919 28.0 CALL$
Unusual Options Activity
Source: Market Chameleon
Alphabet added 4.5%, closing at $251.61 on Monday. The closing price values Alphabet stock just north of $3 trillion. It’s the first time Alphabet has crossed that threshold, according to Dow Jones Market Data. Only three other companies have achieved that valuation: Nvidia, Microsoft, and Apple.
A total number of 440.33K options related to Alphabet were traded on Monday, up 131% from the previous trading day, of which call options accounted for 68%. Particularly high volume was seen for the $250 strike call option expiring Sept. 19, with 26,811 contracts trading. The $250 Alphabet strike call option expiring Sept. 19 surged 500% on Monday. $GOOG 20250919 250.0 CALL$
TOP Bullish & Bearish Single Stocks
This report shows stocks with the highest volume of bullish and bearish activity by option delta volume, which converts option volume to an equivalent stock volume (bought or sold).
If we take the total positive option delta volume and subtract the total negative option delta volume, we will get the net imbalance. If the net imbalance is positive, there is more bullish pressure. If the net is negative, there is more bearish pressure.
Based on option delta volume, traders sold a net equivalent of -1,109,517 shares of Tesla Motors stock. The largest bearish delta came from selling calls. The largest delta volume came from the 19-Sep-25 417.50 Put, with traders getting short 234,747 deltas on the single option contract.
Top 10 bullish stocks: WBD, ORCL, UPS, GOOGL, STZ, NVDA, INTC, ABNB, ACN, CMG
Top 10 bearish stocks: TSLA, AMZN, LULU, AMD, AAPL, MU, EIX, IBKR, SCHW, UNP
Source: Market Chameleon
If you are interested in options and you want to:
Share experiences and ideas on options trading.
Read options-related market updates/insights.
Learn more about options trading if you are a beginner in this field.
Please click to join Tiger Options Club