[Publishing orders] The market is ups and downs, did your options make or lose?
Index Options
On March 12 Eastern Time, trading volume in the US stock index options market declined, with a total of 5.9 million contracts traded. The put/call ratio fell to 1.02.

As the upcoming expiration date approaches,$S&P 500 Index (.SPX.US)$ The distribution of options trading volume showed the following characteristics: peak put option volume at 6,575 points, peak call option volume at 6,800 points.

Single Stock Options
$Hims & Hers Health (HIMS.US)$Closed up 10.27%, with 558,700 options contracts traded, and the put/call volume ratio rose to 0.64. Hims & Hers reached a settlement agreement with Novo-Nordisk A/S to end patent litigation and will sell branded weight-loss drugs.

Observe the call options expiring mid-week, many of which doubled in gains.

Observing unusual large options orders, major players are engaging in intense long-short battles.

$Amazon (AMZN.US)$Closed down 0.78%, with 609,200 options contracts traded, and the put/call volume ratio fell to 0.53. Amazon issued $37-42 billion in bonds to raise funds for AI infrastructure development.

Observing large abnormal options trades, major players are predominantly bearish.

Options Volume Leaderboard
Among the top 10 stocks by options trading volume,$Microsoft (MSFT.US)$The put/call volume ratio was the highest at 0.98. Microsoft plans to release the Alpha version of the next-generation Xbox console, Project Helix, to developers by 2027.

The highest put/call open interest ratio is$Micron Technology (MU.US)$Reaching 1.31. Micron Technology received an upgrade in target price to $430 from Citi analysts, who expect DRAM prices to increase by 171% by 2026.

Top 10 US stock options by trading volume

Top 10 US ETFs by options trading volume

Implied volatility leaderboard (underlying market cap > $10 billion and option volume > 100,000)
$UiPath (PATH.US)$The implied volatility was the highest at 130.89%, growing by 30.55% from the previous trading day. UiPath's Q4 earnings exceeded expectations, and they announced a $500 million stock repurchase plan.

Top 10 US stocks by options volatility (market cap > $10 billion and options trading volume > 100,000 contracts)

Top 10 US ETFs by implied volatility (market cap > $10 billion)

This event is exclusively for invited HK users, click to learn moreDetailed event rules >>

Risk Warning
An option is a contract that gives the holder the right, but not the obligation, to buy or sell an asset at a fixed price at any time on or before a specific date. The price of an option is influenced by several factors including the current price of the underlying asset, the strike price, time to expiration, and implied volatility.
Implied volatility reflects the market’s expectation of the future volatility of an option over a certain period. It is data derived inversely from the BS option pricing model and is generally considered an indicator of market sentiment. When investors anticipate higher volatility, they may be willing to pay more for options to hedge risks, resulting in higher implied volatility.
Traders and investors use implied volatility to assess the attractiveness of option prices, identify potential mispricing, and manage risk exposure.
Disclaimer
This content does not constitute any offer, solicitation, recommendation, opinion, or guarantee for any securities, financial products, or tools. The risk of loss in trading options can be substantial. In some cases, losses may exceed the initial margin deposited. Even if you set contingent orders such as 'stop-loss' or 'limit' orders, these may not prevent losses. Market conditions may prevent these orders from being executed. You might be required to deposit additional margin within a short period. If you fail to provide the required amount within the specified time, your open positions may be liquidated. However, you will still be responsible for any shortfall in your account. Therefore, before trading, you should study and understand options and carefully consider whether such trading is suitable for you based on your financial situation and investment objectives. If you trade options, you should be familiar with the procedures for exercising options and the rights and obligations upon exercise and expiration. Option trading involves extremely high risks and is not suitable for all investors. Investors should read carefully before engaging in any options trading strategy.Characteristics and Risks of Standardized Options。
This content does not constitute any offer, solicitation, recommendation, opinion, or guarantee for any securities, financial products, or tools. The risk of loss in trading options can be substantial. In some cases, losses may exceed the initial margin deposited. Even if you set contingent orders such as 'stop-loss' or 'limit' orders, these may not prevent losses. Market conditions may prevent these orders from being executed. You might be required to deposit additional margin within a short period. If you fail to provide the required amount within the specified time, your open positions may be liquidated. However, you will still be responsible for any shortfall in your account. Therefore, before trading, you should study and understand options and carefully consider whether such trading is suitable for you based on your financial situation and investment objectives. If you trade options, you should be familiar with the procedures for exercising options and the rights and obligations upon exercise and expiration. Option trading involves extremely high risks and is not suitable for all investors. Investors should read carefully before engaging in any options trading strategy.Characteristics and Risks of Standardized Options。
Editor/Lee
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
Comments
to post a comment
7
3
