Wall Street's main indexes closed higher last Friday (Sep. 19) and also posted a weekly gain, as FedEx rose after positive earnings.
Regarding the options market, a total volume of 73,147,553 contracts was traded last Friday.
Top 10 Option Volumes
Top 10: Tesla; Apple; Nvidia; Intel; Opendoor; Palantir; Strategy; SoFi Technologies; Amazon; AMD
Apple stock rose 3% last Friday as the iPhone 17 went on sale in stores after a week of preorders. Analysts say early indications point to solid sales of Apple's newest smartphones.
A total number of 2.89 million options related to Apple was traded last Friday, of which call options accounted for 75%. Particularly high volume was seen for the $245 strike call option expiring Sep 19, with 321,249 contracts trading.
Tesla Motors stock rose 2% last Friday after the company received approval from the Arizona Department of Transportation to begin testing its autonomous robotaxi vehicles in the state with a safety monitor, multiple news outlets reported late Friday.
A total number of 3.36 million options related to Tesla Motors were traded last Friday, of which call options accounted for 62%. Particularly high volume was seen for the $430 strike call option expiring Sep 19, with 295,081 contracts trading.
Unusual Options Activity
Intel shares fell 3% last Friday.
A total number of 1.54 million options related to Intel were traded last Friday, of which call options accounted for 62%. Particularly high volume was seen for the $30 strike put option expiring Sep 19, with 107,357 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.
Based on option delta volume, traders bought a net equivalent of 557,562 shares of BitMine Immersion Technologies Inc. stock. The largest bullish delta came from buying calls. The largest delta volume came from the 19-Sep-25 62 Call, with traders getting short 131,150 deltas on the single option contract.
Top 10 bullish stocks: Rigetti Computing; Oklo Inc.; SoFi Technologies Inc.; BitMine Immersion Technologies Inc.; Quantum Computing Inc.; Apple; CoreWeave, Inc.; Robinhood; D-Wave Quantum Inc.; Bristol-Myers Squibb
Top 10 bearish stocks: Intel; Opendoor; Tesla Motors; JD.com; Wolfspeed Inc.; Snap; Ondas Holdings Inc.; Pfizer; Strategy; SharpLink Gaming
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