Technology shares boosted U.S. stocks to a higher close on Wednesday(October 8) as investors, lacking economic data during the government shutdown, looked to minutes from the Federal Reserve's most recent policy meeting for clues to the outlook for interest rates.
Regarding the options market, a total volume of 60,450,365 contracts was traded on Wednesday.
Top 10 Option Volumes
Top 10: AMD; Nvidia; Tesla; Amazon; Webull; Opendoor; CBOE Volatility Index; Intel; Apple; POET Technologies
Advanced Micro Devices stock climbed 11% on Wednesday, continuing a massive run since OpenAI announced plans to buy billions of dollars of AI equipment from the chipmaker earlier this week.
A total number of 2.58 million options related to Advanced Micro Devices were traded on Wednesday, of which call options accounted for 63%. Particularly high volume was seen for the $230 strike call option expiring Oct. 10, with 104,316 contracts trading. The $230 AMD strike call option expiring Oct. 10 surged 1036% on Wednesday. $AMD 20251010 230.0 CALL$
Shares of NVIDIA jumped 2.2% on Wednesday.
A total number of 1.98 million options related to NVIDIA were traded on Wednesday, of which call options accounted for 70%. Particularly high volume was seen for the $190 strike call option expiring Oct. 10, with 228,435 contracts trading. $NVDA 20251010 190.0 CALL$
Unusual Options Activity
Shares of POET Technologies Inc rose 17% on Wednesday after the company announced the closing of a $75 million private placement with a single institutional investor.
A total number of 535,914 options related to POET Technologies Inc were traded on Wednesday, of which call options accounted for 94%. Particularly high volume was seen for the $10 strike call option expiring Oct. 31, with 41,364 contracts trading. $POET 20251031 10.0 CALL$
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 1,511,637 shares of Plug Power stock. The largest bullish delta came from buying calls. The largest delta volume came from the 19-Dec-25 5 Call, with traders getting long 833,276 deltas on the single option contract.
Top 10 bullish stocks: Plug Power; AMD; Archer Aviation; Energy Fuels; Equinox Gold; Tilray; POET Technologies; Nvidia; Cipher Mining; Figma
Top 10 bearish stocks: Warner Bros. Discovery; PG&E; Delta Air Lines; Strategy; QuantumScape; Webull; Mirion; Apple; Pfizer; Alphabet
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