Thursday’s total option volume of 54.3 million contracts resulted in net open interest growth of 2.85 million calls and 4.01 million puts. Tesla (TSLA), Microsoft (MSFT), NVIDIA (NVDA) and SoFi Technologies (SOFI) saw the greatest growth. Top five new positions opened include 51k Under Armour Class A (UAA) Sep-24 7.5 puts, 47k Warner Bros. Discovery (WBD) 4/26 weekly 7 puts, 46k Peloton Interactive (PTON) Jul-24 6 calls, 43k Patterson-UTI (PTEN) Apr-24 10 puts and 34k Teva (TEVA) Apr-24 13 calls.
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