Friday’s total option volume of 43.3 million contracts resulted in net open interest growth of 4.84 million calls and 4.05 million puts. Rivian (RIVN), Tesla (TSLA), Apple (AAPL) and Alibaba (BABA) saw the greatest growth. Top five new positions opened include 37k Nikola (NKLA) Jul-23 1.5 calls, 27k Tal Education Group (TAL) Aug-23 8 calls, 26k Nikola (NKLA) Aug-23 1 puts, 24k Lyft (LYFT) Aug-23 14 calls and 21k Alibaba (BABA) 7/14 weekly 100 calls.
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