Tuesday’s total option volume of 39.5 million contracts resulted in net open interest growth of 5.07 million calls and 3.72 million puts. Snap Inc. (SNAP), Alphabet Class A (GOOGL), StoneCo (STNE) and Microsoft (MSFT) saw the greatest growth. Top five new positions opened include 66k StoneCo (STNE) Jan-24 15 calls, 49k StoneCo (STNE) Jan-24 12 calls, 49k StoneCo (STNE) Jan-24 8 puts, 25k ChargePoint Holdings (CHPT) 11/3 weekly 3 calls and 23k Snap Inc. (SNAP) 10/27 weekly 8.5 puts.
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