Tuesday’s total option volume of 53.9 million contracts resulted in net open interest growth of 5.98 million calls and 5.27 million puts. NVIDIA (NVDA), Tesla (TSLA), Bank of America (BAC) and SoFi Technologies (SOFI) saw the greatest growth. Top five new positions opened include 91k NVIDIA (NVDA) Sep-24 280 calls, 80k Archer Aviation (ACHR) Oct-24 6 calls, 58k NVIDIA (NVDA) Jul-24 115 puts, 57k NVIDIA (NVDA) Jul-24 119 puts and 42k NVIDIA (NVDA) Jul-24 126 calls.
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