Monday’s total option volume of 51.3 million contracts resulted in net open interest growth of 5.45 million calls and 4.19 million puts. Tesla (TSLA), Rivian (RIVN), NVIDIA (NVDA) and Bank of America (BAC) saw the greatest growth. Top five new positions opened include 69k Warner Bros. Discovery (WBD) 5/10 weekly 7 puts, 48k Bumble (BMBL) 5/10 weekly 8 puts, 25k Cameco (CCJ) May-24 41 puts, 25k Cameco (CCJ) May-24 45 puts and 17k Tesla (TSLA) Apr-24 170 calls.
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