Wednesday’s total option volume of 48.0 million contracts resulted in net open interest growth of 4.49 million calls and 5.70 million puts. Meta Platforms (Facebook) (META), Tesla (TSLA), Advanced Micro (AMD) and Amazon (AMZN) saw the greatest growth. Top five new positions opened include 75k Amazon (AMZN) Jun-23 95 calls, 71k Luminar Technologies (LAZR) 2/10 weekly 7 calls, 30k Owl Rock Capital (ORCC) Apr-23 12.5 puts, 23k AMC Entertainment (AMC) Sep-23 1 puts and 22k Snap Inc. (SNAP) Jan-24 13 calls.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on META:
- Analysts Praise META Results – Stock is Up 20%
- Meta Platforms price target raised to $220 from $170 at Canaccord
- Meta Platforms price target raised to $210 from $150 at JMP Securities
- Meta Platforms price target raised to $250 from $165 at Wells Fargo
- Meta Platforms price target raised to $215 from $160 at Truist
