The Nasdaq closed lower but the S&P 500 and the Dow eked out late-session gains on Friday(Nov 7) as investors turned the page on a roller-coaster week with economic worries, the longest-ever federal government shutdown, and sky-high tech stock valuations dampening risk appetite.

Regarding the options market, a total volume of 73,781,566 contracts was traded on Friday.

Top 10 Option Volumes

Source: Tiger Trade App

Opendoor, the online homebuying platform, was flat after posting a wider-than-expected third-quarter loss as sales fell to $915 million from $1.38 billion a year earlier. The company's new CEO, Kaz Nejatian, said in a statement that Opendoor was "refounding" as a software and AI company. "In my first month as CEO, we've made a decisive break from the past -- returning to the office, eliminating reliance on consultants, and launching over a dozen AI-powered products and features that demonstrate our renewed velocity," Nejatian said.

A total number of 892.59K options related to Opendoor were traded on Friday, up 132% from the previous trading day, of which call options accounted for 68%. Particularly high volume was seen for the $7 strike call option expiring Nov. 14, with 27,407 contracts trading. $OPEN 20251114 7.0 CALL$

Unusual Options Activity

Source: Market Chameleon

NuScale Power , the nuclear reactor maker, saw its shares falling 6% on Friday following a disappointing third-quarter earnings report and the announcement of a significant stock sale agreement. The sharp decline comes as investors reassess the company's near-term growth prospects and potential dilution of existing shares.

A total number of 340,054 options related to NuScale Power were traded on Friday, four times higher from the previous trading day, of which put options accounted for 54%. Particularly high volume was seen for the $25 strike put option expiring Nov. 14, with 41,784 contracts trading. $SMR 20251114 25.0 PUT$

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 -1,254,628 shares of Tesla Motors stock. The largest bearish delta came from selling calls. The largest delta volume came from the 07-Nov-25 435 Call, with traders getting short 600,648 deltas on the single option contract.

Source: Market Chameleon

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