Wednesday’s total option volume of 40.2 million contracts resulted in net open interest growth of 3.80 million calls and 3.02 million puts. Amazon (AMZN), AMC Entertainment (AMC), Carvana (CVNA) and Tesla (TSLA) saw the greatest growth. Top five new positions opened include 31k Luminar Technologies (LAZR) Dec-22 6.5 puts, 23k Medical Properties Trust (MPW) Feb-23 11 puts, 21k AT&T (T) Jan-23 20 puts, 21k Snap Inc. (SNAP) Feb-23 5 puts and 21k Amazon (AMZN) 12/23 weekly 75 puts.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on AMZN:
- Pentagon Awards $9B Worth in Contracts to Tech Giants
- DoD contracts shows competitiveness of cloud industry, says Citi
- Alphabet, Oracle, Amazon and Microsoft all awarded on $9B DoD cloud contract
- Amazon fixes site outage issue, Reuters reports
- Washington D.C. sues Amazon for ‘stealing tips from delivery drivers’