Market Overview

US stocks mixed Monday; Dow edges up 0.29%, Nasdaq sheds 1.32%, S&P 500 dips 0.37%.

Options volume hit 70.93 million contracts, with calls accounting for 58% of total volume.

Top 10 Option Volumes

SpaceX slid more than 16 percent; options volume reached 1.22 million contracts, with heavy trading in the June 26 $180 call, totaling 42,809 contracts.

SpaceX falls for a third straight session after announcing its first investment-grade bond sale; investors reassess financing scale and valuation sustainability.

Bloomberg reported SpaceX is seeking to raise at least $20 billion through its debut bond issuance as part of a broader borrowing plan, with proceeds earmarked to fund its expansion into artificial intelligence.

June 22 — Super Micro Computer surges over 15%; options volume tops 580,000 contracts, 2.1 times the 90-day average. June 26 $36 strike calls see heavy trading with 27,363 contracts changing hands.

Super Micro Computer said it is launching a high-performance computing data center offering based on Nvidia’s Vera Rubin NVL4 platform.

The new offering, called Data Center Building Block Solutions Blueprint for HPC, provides computing power, networking, advanced liquid cooling, power distribution, and site infrastructure to research institutions and supercomputing centers, the company said.

Unusual Options Activity

June 22 — Alphabet slips nearly 5%; options volume tops 960,000 contracts, 2.2 times the 90-day average. June 26 $350 strike calls see heavy trading with 79,847 contracts changing hands.

June 22 — Applied Optoelectronics surges nearly 6%; options volume tops 100k contracts, 1.8 times the 90-day average. June 26 $200 strike calls see heavy trading with 20,991 contracts changing hands.