U.S. stocks closed in negative territory on Thursday(Nov. 6), with a resumption of Tuesday's tech selloff as investors contended with mounting economic uncertainty and stretched valuations.

Regarding the options market, a total volume of 66,261,067 contracts was traded on Thursday.

Top 10 Option Volumes

Top 10: NVIDIA, Tesla Motors, Palantir Technologies Inc., Advanced Micro Devices, Energy Transfer LP, Pfizer, Meta Platforms, Inc., Robinhood, Apple, SoFi Technologies Inc.

Shares of electric vehicle pioneer Tesla Motors fell 4% on Thursday.

Tesla CEO Elon Musk has scored a resounding victory as shareholders have approved a pay package of as much as $878bn over the next decade, endorsing his vision of morphing the electric vehicle (EV) maker into an AI and robotics juggernaut.

A total number of 2.45 million options related to Tesla Motors were traded on Thursday, of which call options accounted for 63%. Particularly high volume was seen for the $450 strike call option expiring Nov. 7, with 85,025 contracts trading. $TSLA 20251107 450.0 CALL$

Shares of Palantir Technologies Inc. fell 7% on Thursday.

A total number of 1.19 million options related to Palantir Technologies Inc. were traded on Thursday, of which call options accounted for 55%. Particularly high volume was seen for the $190 strike call option expiring Nov. 7, with 58,412 contracts trading. $PLTR 20251107 190.0 CALL$

Unusual Options Activity

Pfizer shares rose 1% on Thursday. 

A total number of 890.20K options related to Pfizer were traded on Thursday, of which call options accounted for 94%. Particularly high volume was seen for the $20 strike call option expiring Jan 16, 2026, with 205,879 contracts trading. $PFE 20260116 20.0 CALL$

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 bought a net equivalent of 585,445 shares of XPeng Inc. stock. The largest bullish delta came from buying calls. The largest delta volume came from the 14-Nov-25 25 Call, with traders getting long 227,292 deltas on the single option contract.

Top 10 bullish stocks: Pfizer, Duolingo, Inc., Ford, Energy Transfer LP, XPeng Inc., Coinbase Global, Inc., Kenvue Inc, Apple, Datadog, EHang Holdings Ltd

Top 10 bearish stocks: NVIDIA, Meta Platforms, Inc., Microsoft, Lumen Technologies, Palantir Technologies Inc., Advanced Micro Devices, Hecla Mining, Strategy, Petroleo Brasileiro SA Petrobras, Bitfarms Ltd.

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