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I. Overview of U.S. Stock Index Options
The trading volume in the current US stock index options market has slightly increased, with the put/call ratio also rising slightly, indicating some retreat of short positions.
Options expiring today: $S&P 500 Index (.SPX.US)$ Distribution of options trading volume: Discrepancy exists between call and put orders, with the peak of put orders at 6800 points and the peak of call orders at 6900 points.
Options expiring today: $NASDAQ 100 Index (.NDX.US)$ Distribution of options trading volume: The peak of call orders is at 25,500, while the peak of put orders is at 25,200 points.
2. US Stock Options Trading Leaders
1、 $Advanced Micro Devices (AMD.US)$ The previous trading day saw a 9.00% increase, with the put/call ratio rising the day before and trading volume surging significantly.
Observing the call options expiring this Friday, multiple contracts surged over sixfold.
Monitoring unusual large trades in options, major accounts remained relatively neutral just before the market close.
Chip giant Advanced Micro Devices (AMD) held its Financial Analyst Day once again after three years, outlining its growth prospects for the coming years and further fueling the infrastructure boom for AI data centers. AMD forecasts that its annual revenue will grow by more than 35% on average over the next three to five years, primarily driven by robust demand for data center products.
AMD CEO Lisa Su stated during her presentation at the event that within the same period, the annual revenue growth rate of the AI data center business will exceed 80% and will capture a double-digit share of the overall market. According to Lisa Su’s forecast, by 2030, the total market size for AI chips—including GPUs, CPUs, networking, and related products—will reach USD 1 trillion. Previously, NVIDIA CEO Jensen Huang had indicated that by 2030, broader AI infrastructure spending would amount to between USD 3 trillion and USD 4 trillion.
2、 $Palantir (PLTR.US)$ The previous trading day saw a 3.56% decline, with the put/call ratio falling the day before and trading volume rising slightly.
Observing the call options expiring this Friday, multiple contracts have doubled in gains.
Monitoring unusual large option orders, significant institutional trading occurred just before the market close.
Top 10 Most Actively Traded US Stock Options
Top ten US stocks by implied volatility ranking (market cap > $10 billion and option trading volume > $100,000).
3. US ETF Options Trading Volume Rankings
Top Ten Rankings of ETF Options Trading Volume in the US Stock Market
Top Ten Implied Volatility Rankings of U.S. Stock ETFs (Criteria: Market Capitalization > $10 billion)
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Risk Factors
An option is a contract that grants the holder the right, but not the obligation, to buy or sell an asset at a fixed price on a specific date or at any time before that date. The price of an option is influenced by various factors, including the current price of the underlying asset, the strike price, the time to expiration, andImplied Volatility。
Implied VolatilityIt reflects the market's expectation of volatility in options over a certain period. This data is derived inversely from the BS option pricing model and is generally regarded as an indicator of market sentiment. When investors anticipate greater volatility, they may be more willing to pay higher prices for options to hedge risks, thereby leading to a higherImplied Volatility。
Traders and investors useImplied Volatilityto evaluateoption pricethe attractiveness, identify potential mispricing, and manage risk exposure.
Disclaimer
This content does not constitute any offer, solicitation, recommendation, opinion, or guarantee regarding securities, financial products, or tools. The risk of loss in trading options can be substantial. Under certain circumstances, the losses you incur may exceed the initial margin amount deposited. Even if you set contingency orders, such as “stop-loss” or “limit” orders, they may not prevent losses. Market conditions may make it impossible to execute such orders. You may be required to deposit additional margin within a short period. If you fail to provide the required amount within the specified time, your open positions may be liquidated. Nevertheless, you will remain responsible for any shortfall in your account resulting from such liquidation. Therefore, before engaging in trading, you should thoroughly study and understand options and carefully consider whether such trading is suitable for you based on your financial situation and investment objectives. If you trade options, you should be familiar with the procedures for exercising options and the rights and obligations associated with exercising options and their expiration.
Editor/Lee