Market Overview
U.S. stocks turned sharply lower on Thursday (Feb. 26), the day after earnings from artificial intelligence vanguard Nvidia failed to impress investors, weighing down technology shares which have provided muscle to the recent rally.
Regarding the options market, a total volume of 62,873,699 contracts was traded, up 21% from the previous trading day.
Top 10 Option Volumes
Top 10: NVDA, TSLA, B, MSFT, VIX, NFLX, AMZN, PLTR, AMD, AAPL
Source: Tiger Trade App
Nvidia shares dropped more than 5% on Thursday, as investor concerns around its leadership in the artificial intelligence boom dampened enthusiasm over its earnings beat.
There are 5.92 million Nvidia option contracts traded on Thursday, up 80% from the previous trading day. Call options account for 64% of overall option trades. Particularly high volume was seen for the $190 strike call option expiring February 27, with 380,138 contracts trading. NVDA 20260227 190.0 CALL
Unusual Options Activity
Source: Market Chameleon
Barrick Mining is trading ex-dividend on February 27, 2026. Shareholders of record on February 27th, 2026 will receive 0.42 USD dividend per share on March 16, 2026.
There are 1.29 million Nvidia option contracts traded on Thursday, up 4383% from the previous trading day. Call options account for 100% of overall option trades. Particularly high volume was seen for the $35 strike call option expiring March 20, with 150,470 contracts trading. B 20260320 35.0 CALL
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio. Netflix shares rose 2.3% on Thursday, and jumped 8.5% in aftermarket trading.
There are 883.93 Netflix option contracts traded on Thursday, down 32% from the previous trading day. Call options account for 65% of overall option trades. Particularly high volume was seen for the $85 strike call option expiring February 27, with 80,339 contracts trading. NFLX 20260227 85.0 CALL
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