Daily Options Outlook | Pre-market gains continue in the quantum computing sector, with multiple call options on IONQ surging over 30 times; Taiwan Semiconductor earnings release imminent

I. Today's Options Opportunities Outlook

On the macro front,The market is trading on expectations of a potential resumption of US-Iran negotiations,As of this writing, $Crude Oil Futures (JUN6) (CLmain.US)$ beingnear $91,showing a significant easing from the extreme conditions of previous days.

On the individual stock front, widespread pre-market gains in the quantum computing sector, with continued acceleration in US stocks pre-market. $NVIDIA (NVDA.US)$ Yesterday, it announced that its open-source model family has welcomed a new member - the 'Ising' quantum artificial intelligence model, which is designed to accelerate the development of quantum processors, strongly catalyzing quantum-related stocks. The news spurred a collective rise in the quantum computing sector yesterday, and today the sector continues to rise pre-market in US stocks. $IonQ Inc (IONQ.US)$ 、 $Rigetti Computing (RGTI.US)$ 、 $D-Wave Quantum (QBTS.US)$ Wait for the gains to lead. Observe $IonQ Inc (IONQ.US)$The call option expiring on April 17 was the most actively traded contract, with a strike price of $35 and a total volume of 15,900 contracts, surging by 3598.63%.

$Taiwan Semiconductor (TSM.US)$ will release its earnings report tomorrow (April 16)，Recently, driven by strong fundamental expectations and capital inflows, Taiwan Semiconductor has shown a strong upward trend.The bullish moving averages support the medium-term trend, but the Put/Call ratio is at 1.26, with short-term technical indicators signaling overbought conditions. In terms of options signals, the current IV is 47.46%, with an IV percentile as high as 80%, indicating high implied volatility.

The current options market implies an earnings day fluctuation of ±4.42%.Based on the monthly revenue data released on April 10, quarterly revenue reached the upper limit of previous guidance. Some sell-side analysts further predict that gross margins may exceed this range, mainly due to expedited premiums for advanced processes and high capacity utilization. Attention should be paid to the sustainability of AI demand and capital expenditure trends. If Taiwan Semiconductor provides a better Q2 outlook and maintains a positive stance on annual growth, AI demand, and tightness in advanced processes, it could provide positive feedback to the entire AI chain and semiconductor risk appetite.

II. Review of Options Market

Index Options

On April 14 EST, the volume of index options in the US stock market increased, with a total of 9.04 million contracts traded. The put/call ratio fell to 0.71.

As the upcoming expiration date approaches,$S&P 500 Index (.SPX.US)$ the options volume distribution shows the following characteristics: the peak put options volume is at 6,900 points, and the peak call options volume is at 7,045 points.

Single Stock Options

$Micron Technology (MU.US)$Closing up 9.17%, with 843,200 options contracts traded, the put-to-call volume ratio dropped to 0.58. Micron Technology's stock price rose by 6%, with analysts optimistic about an AI-driven supercycle in memory demand lasting until 2027.

$Intel (INTC.US)$Closing down 2.10%, with 621,600 options contracts traded, the put-to-call volume ratio rose to 0.76. Susquehanna raised Intel's target price from $65 to $80, citing strong CPU demand.

Top list of options trading volume

Among the top 10 stocks by options trading volume,$Intel (INTC.US)$The highest put-to-call volume ratio reached 0.76.

The highest put/call open interest ratio is$Micron Technology (MU.US)$reaching 1.07.

Implied volatility rankings (underlying market cap > $10 billion and options trading volume > 100,000)

$Bitdeer Technologies Group (BTDR.US)$Implied VolatilityThe highest increase reached 120.53%, up 5.24% from the previous trading day. Bitdeer's options trading was active, with a daily trading volume of 183,500 contracts and open interest of 550,700 contracts.

$IonQ Inc (IONQ.US)$Implied volatility increased the most, reaching 116.12%, up 19.97% from the previous trading day. IonQ secured a Defense Advanced Research Projects Agency contract for quantum heterogeneous architectures and achieved a breakthrough in photonic interconnect technology for quantum systems.

Finally, here's a small perk for fellow investors. Welcome, fellow investors, to claim your benefit.Options Beginner Pack

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

Market conditions are complex and volatile,Options strategyOverwhelmed by choices? Futubull helps you build a portfolio in three steps.Options strategymaking investing simple and efficient from now on!

Risk WarningAn 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 various factors, including the current price of the underlying asset, the strike price, the time to expiration, and implied volatility. Implied volatility reflects the market's expectation of the option’s volatility over a certain period in the future. It is derived inversely from the Black-Scholes (BS) pricing model and is generally considered an indicator of market sentiment. When investors expect greater volatility, they may be more willing to pay higher prices for options to help hedge risks, leading to higher implied volatility. Traders and investors use implied volatility to evaluate.Option priceattractiveness, identify potential mispricings, and manage risk exposure.

DisclaimerThis content does not constitute any offer, solicitation, recommendation, opinion, or guarantee of 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 make such orders unexecutable. You may 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. Options trading carries extremely high risks and is not suitable for all investors. Investors should carefully readCharacteristics and Risks of Standardized Options。

525K Views