Friday’s total option volume of 48.6 million contracts resulted in net open interest growth of 5.35 million calls and 5.42 million puts. Apple (AAPL), Tesla (TSLA), Nikola (NKLA) and NVIDIA (NVDA) saw the greatest growth. Top five new positions opened include 89k Nikola (NKLA) 9/29 weekly 1 puts, 40k Nikola (NKLA) 9/29 weekly 1.5 puts, 31k Intel (INTC) Jun-24 45 puts, 29k Intel (INTC) Jun-24 45 calls and 27k Kenvue Inc (KVUE) Feb-24 16 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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TSLA:
- Tesla (NASDAQ:TSLA) To Lead EV Space as Peers Grapple with Costs
- UAW strike not biggest problem for Ford, GM, Barron’s says
- VTI ETF: This Diversified Powerhouse Owns Over 3,800 Stocks
- Tesla, Honda, Ford most exposed to U.S. wage inflation, says Nomura
- Piper says wait times elevated for Model 3 in China, Germany