Wednesday’s total option volume of 38.9 million contracts resulted in net open interest growth of 5.37 million calls and 4.69 million puts. NVIDIA (NVDA), Warner Bros. Discovery (WBD), GameStop (GME) and Pfizer (PFE) saw the greatest growth. Top five new positions opened include 145k Warner Bros. Discovery (WBD) 6/28 weekly 7.5 puts, 105k Warner Bros. Discovery (WBD) 6/28 weekly 8 calls, 65k GameStop (GME) Jun-24 20 calls, 65k Starbucks (SBUX) Jul-24 75 puts and 46k Patterson-UTI (PTEN) Jul-24 10 puts.
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 NVDA:
- Data Center Boom: How Nvidia’s 400% Revenue Jump Ignited AI Market Rally
- Here’s Why Taiwan Semiconductor Stock (TSM) Gained in Pre-Market Trading
- Thursday Macro & Markets Update – 05.23.24
- Supermicro (SMCI) Launches AMD-Powered Servers, Stock Gains
- Nvidia Corporation Earnings Report: Did it Beat Expectations?