U.S. stocks closed mixed last Friday (Apr. 10), with investors pressing pause as they headed into the weekend and kept an eye on ongoing Middle East peace negotiations.
Regarding the options market, a total volume of 61,530,407 contracts was traded last Friday.
Top 10 Option Volumes
Top 10: NVIDIA, Tesla Motors, Palantir Technologies Inc., Amazon.com, Cboe Volatility Index, Advanced Micro Devices, Apple, Meta Platforms, Inc., Intel, CoreWeave, Inc.
Advanced Micro Devices shares gain 3.6% last Friday after TSMC's strong results signaled robust chip demand
A total number of 934.98K options related to Advanced Micro Devices were traded last Friday, of which call options accounted for 62%. Particularly high volume was seen for the $250 strike call option expiring Apr 10, with 123,949 contracts trading.
CoreWeave, Inc. stock rose last Friday after the provider of cloud computing services announced a multiyear deal with artificial intelligence system maker Anthropic.
A total number of 755.50K options related to CoreWeave, Inc. were traded last Friday, of which call options accounted for 64%. Particularly high volume was seen for the $105 strike call option expiring Apr 10, with 30,108 contracts trading.
Unusual Options Activity
Shares of Amazon.com rallied last Friday.
A total number of 1.33 million options related to Amazon.com were traded last Friday, of which call options accounted for 68%. Particularly high volume was seen for the $240 strike call option expiring Apr 10, with 149,928 contracts trading.
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.
Top 10 bullish stocks: Tesla Motors, Verizon, Snap Inc, Meta Platforms, Inc., Alphabet, American Airlines, Petroleo Brasileiro SA Petrobras, Vaxcyte, Inc., Pfizer, Plains All American Pipeline LP
Top 10 bearish stocks: Micron Technology, Intel, Mineralys Therapeutics, Inc., IREN Ltd, AST SpaceMobile, Inc., Ondas Holdings Inc., SoFi Technologies Inc., Revolution Medicines, Inc., Rivian Automotive, Inc., First Majestic Silver
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