Wednesday’s total option volume of 42.1 million contracts resulted in net open interest growth of 6.95 million calls and 5.83 million puts. Chipotle (CMG), NVIDIA (NVDA), Tesla (TSLA) and Micron (MU) saw the greatest growth. Top five new positions opened include 63k Microsoft (MSFT) Aug-24 440 calls, 57k Chipotle (CMG) Jan-25 14 puts, 37k Tesla (TSLA) 7/5 weekly 205 calls, 35k BlackBerry (BB) 6/28 weekly 2.5 calls and 32k Chipotle (CMG) Jan-25 94 calls.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMG:
- Chipotle shares to begin trading on a post-split basis on June 26
- Chipotle’s 50-for-1 Stock Split Is Finally Here
- Baird ‘not concerned’ about Mexico avocado shipment news hurting Chipotle
- Chipotle price target raised to $3,888 from $3,668 at Argus
- Chipotle participates in a conference call with Wedbush