Wall Street ended sharply lower on Thursday(Nov 13), with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and divisions among central bankers about the U.S. economy's health.
Regarding the options market, a total volume of 70,633,025 contracts was traded on Thursday, up 32% from the previous trading day.
Top 10 Option Volumes
Source: Tiger Trade App
Tesla fell 6.6%. The stock has fallen three times and risen just once since the company's annual meeting on Nov. 6, where CEO Elon Musk learned that shareholders voted in favor of his trillion-dollar 2025 pay award by a margin of roughly three-to-one.
A total number of 3.65M options related to Tesla were traded on Thursday, up 161% from the previous trading day, of which call options accounted for 58%. Particularly high volume was seen for the $400 strike put option expiring Nov. 14, with 142,608 contracts trading. $TSLA 20251114 400.0 PUT$
Unusual Options Activity
Source: Market Chameleon
Walt Disney shares tumbled 7.8% after the entertainment giant posted fiscal fourth-quarter results. Revenue was roughly flat year over year, while operating income declined 5% to $3.48 billion. Disney reiterated fiscal 2026 guidance for double-digit adjusted earnings growth and doubled its share repurchases target to $7 billion.
A total number of 301,047 options related to Walt Disney were traded on Thursday, up 88% from the previous trading day, of which call options accounted for 60%. Particularly high volume was seen for the $120 strike call option expiring Jan. 16, 2026, with 11,803 contracts trading. $DIS 20260116 120.0 CALL$
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 938,630 shares of Exxon Mobil stock. The largest bullish delta came from buying calls. The largest delta volume came from the 21-Nov-25 115 Call, with traders getting long 1,074,153 deltas on the single option contract.
Source: Market Chameleon
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