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.
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