Thursday’s total option volume of 42.8 million contracts resulted in net open interest growth of 4.15 million calls and 3.92 million puts. Faraday Future Intelligent Electric (FFIE), NVIDIA (NVDA), Advanced Micro Devices (AMD) and Apple (AAPL) saw the greatest growth. Top five new positions opened include 54k Faraday Future Intelligent Electric (FFIE) May-24 0.5 puts, 32k Faraday Future Intelligent Electric (FFIE) May-24 1 puts, 31k Faraday Future Intelligent Electric (FFIE) Jun-24 4 calls, 30k Pinduoduo (PDD) Mar-25 160 calls and 28k Faraday Future Intelligent Electric (FFIE) May-24 1.5 calls.
Easter Sale - 70% Off TipRanks
New trading tool for NVDA bearsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FFIE:
- Faraday Future Intelligent Electric options imply 22.6% move in share price post-earnings
- Unusually active option classes on open May 15th
- Unusually active option classes on open May 14th
- Faraday Future issues statement on YT Jia social media post
- Faraday Future announces Nasdaq delisting determination