Friday’s total option volume of 47.9 million contracts resulted in net open interest growth of 6.07 million calls and 5.30 million puts. Tesla (TSLA), Apple (AAPL), GameStop (GME) and NVIDIA (NVDA) saw the greatest growth. Top five new positions opened include 100k Innoviz (INVZ) Jul-24 1 puts, 47k Patterson-UTI (PTEN) Jul-24 10 puts, 31k Tesla (TSLA) 5/24 weekly 185 calls, 31k Alphabet Class A (GOOGL) 5/24 weekly 182.5 calls and 30k Faraday Future Intelligent Electric (FFIE) Jun-24 6 calls.
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 – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- QQQ ETF Update, 5/20/2024
- Why Is Ferrari Stock (NYSE:RACE) Outperforming the Luxury Goods Sector?
- Dell won ‘large portion’ of Tesla’s AI server buildout, says Evercore ISI
- Bridgewater Buys Magnificent Seven Stocks (Not Tesla) in Bulk
- Tesla to face lawsuit over misleading consumers on self-driving, Bloomberg says