Wednesday’s total option volume of 48.5 million contracts resulted in net open interest growth of 4.53 million calls and 4.42 million puts. Alphabet Class A (GOOGL), NIO (NIO), Citi (C) and Amazon (AMZN) saw the greatest growth. Top five new positions opened include 45k American Airlines (AAL) Aug-24 10 puts, 42k Nikola (NKLA) Jul-24 1 calls, 35k Citi (C) Feb-24 58 calls, 34k NIO (NIO) May-24 14 puts and 32k American Airlines (AAL) May-24 9 puts.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on GOOGL:
- Thursday Macro & Markets Update – 02.01.24
- A New Cause for Concern: Alphabet Inc. Class A Adds a New Technology Risk
- Alphabet price target lowered to $164 from $166 at Roth MKM
- Alphabet price target lowered to $175 from $180 at Oppenheimer
- Alphabet price target raised to $170 from $150 at Susquehanna
