Daily Options Outlook | Storage sector plunges in pre-market trading; NVIDIA down 2.1% pre-market; Netflix up 1.07% pre-market as a fund reopens a position with 3.15 million shares

Hello, fellow investors~ Mastering options trading not only helps you seize opportunities for doubled returns, but the gaming signals in the options market also enable you to better interpret price levels and opportunities in the underlying stocks!

This column is updated daily before the market opens, aiming to help fellow investors identify potential volatility opportunities each day and better capture every upward wave~Follow Options Anomaly Bull for daily updates so you never lose your way~

Today's Options Opportunity Outlook

On a macro level,$Invesco QQQ Trust (QQQ.US)$Down 1.11% in pre-market trading,$SPDR S&P 500 ETF (SPY.US)$Down 0.51% in pre-market trading, Anthropic's Q2 revenue surged 14-fold year-over-year to $11.5 billion, driving continued gains in the AI infrastructure sector. Meanwhile, short positions on the Nasdaq surged to $20 billion, while insiders are buying at the largest scale in 15 years, intensifying the divergence between bulls and bears. The options market shows that the Put/Call volume ratio for QQQ rose to 1.19 on the previous trading day,implied volatility(IV) reached 21.67%.

At the individual stock level, $Micron Technology (MU.US)$ Down 5.23% in pre-market trading, $SanDisk (SNDK.US)$ Down 6.09%, $SK hynix (SKHY.US)$ Down 5.64%. Options market data shows the stock's Put/Call volume ratio at 0.92, with implied volatility reaching 83.25%. Bearish sentiment is strong, with put options deployed to hedge against downside risk in the stock price.

$Netflix (NFLX.US)$Up 1.07% in pre-market trading, Pershing Square has re-established a position in Netflix with 3.15 million shares. Options market data shows the stock's put/call volume ratio rising to 0.52, with implied volatility reaching 33.96%.

$NVIDIA (NVDA.US)$Down 2.1% in pre-market trading, NVIDIA invested $1.5 billion in SB Energy and provided guarantees for OpenAI's Ohio data center project. Options market data shows the stock's put/call volume ratio rising to 0.55, with implied volatility reaching 41.81%.

Options Market Recap for Yesterday

Index Options

On August 17, Eastern Time, trading volume in the US stock index options market increased, with a total of 5.18 million contracts traded. The put/call volume ratio rose to 1.04.

In the upcoming expiration cycle,$S&P 500 Index (.SPX.US)$ The distribution of options trading volume showed the following characteristics: the peak put option volume was at the 7,700 strike price, while the peak call option volume was at the 7,750 strike price.

Individual stock options

$SpaceX (SPCX.US)$Closed up 4.45%, with 1.1052 million options contracts traded; the put/call volume ratio dropped to 0.76. SpaceX's share price rose 4.45%, with institutional investors disclosing holdings worth billions of dollars; Google topped the list with holdings valued at $94 billion.

$Meta Platforms (META.US)$Closed down 3.54%, with 964,100 options contracts traded; the put/call volume ratio rose to 0.80. Meta faces a potential fine of up to $1.4 trillion after being accused by attorneys general from 29 states of intentionally designing its platform to induce addiction among teenagers.

Top Option Volume Rankings

Among the top 10 stocks by option volume,$Meta Platforms (META.US)$recorded the highest put/call volume ratio, reaching 0.80.

The highest put/call open interest ratio belongs to$Micron Technology (MU.US)$, reaching 1.14. Micron Technology's stock price broke through $1,000, benefiting from the Trump administration's policy blocking US companies from purchasing Chinese memory chips and driven by AI demand.

Implied Volatility Rankings (underlying market cap > $1 billion and option volume > 100,000 contracts)

$NEBIUS (NBIS.US)$recorded the highest implied volatility, reaching 103.03%, an increase of 1.73% from the previous trading session. NEBIUS's Q2 revenue surged 454% year-over-year to $582 million, and Baird raised its target price to $340.

$Strategy (MSTR.US)$saw the largest increase in implied volatility, reaching 85.89%, up 13.13% from the previous trading session. Strategy sold 3.459 million MSTR shares last week to raise $333.7 million for repurchasing preferred shares and boosting cash reserves, marking seven consecutive weeks without purchasing Bitcoin.

Risk Warning

An option is a contract that gives the holder the right—but not the obligation—to buy or sell an underlying asset at a fixed price on or before a specific date. The price of an option is influenced by multiple 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 future price fluctuations over the life of an option. It is derived by back-solving from the Black-Scholes option pricing model and is generally viewed as an indicator of market sentiment. When investors anticipate greater volatility, they may be willing to pay higher prices for options to hedge risk, leading to elevated implied volatility.

Traders and investors use implied volatility to assessOption pricesto assess attractiveness, identify potential mispricings, and manage risk exposure.

Disclaimer
This content does not constitute an offer, solicitation, recommendation, advice, opinion, or any form of guarantee regarding any securities, financial products, or instruments. The risk of loss in trading options can be substantial. In certain circumstances, your losses may exceed the initial margin deposit you made. Even if you place contingent orders, such as 'stop-loss' or 'limit' orders, there is no assurance these will prevent losses. Market conditions may render such orders unexecutable. You may be required to deposit additional margin funds on very short notice. If you fail to meet such a margin call within the specified timeframe, your open positions may be liquidated. Nevertheless, you remain liable for any resulting deficit in your account. Therefore, you should thoroughly research and understand options before trading and carefully consider whether such transactions are suitable for you based on your financial condition and investment objectives. If you trade options, you should be familiar with the procedures for exercising options and handling expirations, as well as your rights and obligations upon exercise or expiration. Options trading involves substantial risk and is not appropriate for all investors. Investors should carefully read"Characteristics and Risks of Standardized Options"。

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