The S&P 500 notched a record closing high and its fifth straight day of gains on Tuesday (Jan 27) with a mixed reception to the latest earnings reports and a steep selloff in health insurers countering optimism ahead of megacap reports.
Regarding the options market, a total volume of 51,469,701 contracts was traded on Tuesday.
Top 10 Option Volumes
Top 10: NVIDIA, UnitedHealth, Apple, Tesla Motors, Amazon.com, Intel, Cboe Volatility Index, CoreWeave, Inc., Netflix, Boeing
UnitedHealth on Tuesday said revenue this year would decline for the first time in decades, which follows Monday's lower‑than‑expected 2027 Medicare reimbursement proposal from the government, and its shares tumbled 20% as investors reset profit expectations.
A total number of 939.41K options related to UnitedHealth were traded on Tuesday, of which call options accounted for 58%. Particularly high volume was seen for the $600 strike call option expiring Jan 15, 2027, with 40,761 contracts trading. $UNH 20270115 600.0 CALL$
CoreWeave, Inc. was rising 11% again on Tuesday. Analysts are more confident on the cloud-computing company’s prospects after its announced $2 billion investment from chip maker Nvidia.
A total number of 424.06K options related to CoreWeave, Inc. were traded on Tuesday, of which call options accounted for 69%. Particularly high volume was seen for the $150 strike call option expiring Mar 20, with 33,004 contracts trading. $CRWV 20260320 150.0 CALL$
Unusual Options Activity
Redwire Corp. shares rocketed 30% on Tuesday after the space-equipment supplier announced it was selected for a potential U.S. missile defense award.
The Missile Defense Agency added Redwire to the pool of more than 2,400 eligible vendors for its $151 billion Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, program. The award doesn’t guarantee Redwire any contract revenue, the company said.
A total number of 133.95K options related to Redwire Corp. were traded on Tuesday, of which call options accounted for 80%. Particularly high volume was seen for the $15 strike call option expiring Jan 30, with 9,747 contracts trading. $RDW 20260130 15.0 CALL$
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.
Top 10 bullish stocks: Oracle, ServiceNow, Adobe, T-Mobile US, Microsoft, Oramed Pharmaceuticals, Procter & Gamble, Strive, cleveland-cliffs, PDD Holdings Inc
Top 10 bearish stocks: Meta Platforms, Inc., Apple, Coinbase Global, Inc., Zscaler Inc., Spotify Technology S.A., Palantir Technologies Inc., Nike, Warner Bros. Discovery, Salesforce.com, Flagstar Financial, Inc.
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