Friday’s total option volume of 44.1 million contracts resulted in net open interest growth of 4.40 million calls and 3.90 million puts. NVIDIA (NVDA), Warner Bros. Discovery (WBD), Intel (INTC) and Amazon (AMZN) saw the greatest growth. Top five new positions opened include 125k Warner Bros. Discovery (WBD) 9/27 weekly 7.5 calls, 125k Warner Bros. Discovery (WBD) 9/27 weekly 6.5 puts, 30k MicroStrategy (MSTR) Aug-24 141.01 calls, 26k NVIDIA (NVDA) Aug-24 170 calls and 20k SoFi Technologies (SOFI) Sep-24 6 puts.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Nvidia or Intel: Rick Schafer Chooses the Superior AI Stock to Buy
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Alphabet Stock: Why GOOGL Stock Is a Top Buy Among the Magnificent Seven
- Nvidia Stock (NASDAQ:NVDA): Fairly Valued After 18% Drop, Moderately Bullish Long-Term
- Perplexity AI Gains Traction; Takes on Rivals ChatGPT, Google