Option Signals | Google A Options Volume Surges 9-Fold! Multiple Last-Minute Call Orders Signal Bottom Fishing
Dow Jones Industrial Average DJI | 0.00 | |
NASDAQ IXIC | 0.00 | |
S&P 500 index SPX | 0.00 | |
SPXW 230525 P 5900 | 0.00 | |
NVIDIA Corporation NVDA | 0.00 |
Market Overview
As of the market close, the Dow Jones Industrial Average(DJI.US) rose by 0.7% to 41,113.97 points; the NASDAQ(IXIC.US) increased by 0.27% to 17,738.16 points; and the S&P 500 index(SPX.US) gained 0.43% to 5,631.28 points.
Notably, the trading volume for S&P 500 put options reached 1.5149 million contracts, while call options traded at 1.1788 million contracts. The put/call ratio stood at approximately 1.29, indicating a strong bearish sentiment among investors regarding the index.
Among these, one specific put option, SPXW 230525 P 5900, had a trading volume of 17,400 contracts, with a VOL/OI ratio of 142.98. This contract's strike price is $5,900, and it saw a price increase of 16.92%.
Top 10 Options Trading Volume:
NVIDIA Corporation(NVDA.US): Overnight, shares rose by 3.1%. The total options trading volume for the day reached 2.37 million contracts, an increase of 623,400 from the previous day, representing a 0.36-fold increase in volume. The open interest stands at 22.51 million contracts.
Sources indicate that the Trump administration plans to revoke AI chip restrictions imposed during Biden's tenure, with the "AI diffusion rule" set to be eliminated on May 15.
Alphabet Inc. Class C(GOOG.US) (Alphabet Inc. Class A(GOOGL.US) ): Overnight, shares fell by 7.26%. The total options trading volume for the day reached 1.6 million contracts, an increase of 1,443,300 from the previous day, representing an 8.97-fold increase in volume. The open interest is at 3.17 million contracts.
Reports suggest Apple is considering adding AI search capabilities to its browser, challenging Google's dominance. Apple's senior vice president stated that AI search providers will gradually replace traditional search engines like Google.
Tesla Motors, Inc.(TSLA.US): Overnight, shares rose by 0.32%. The total options trading volume for the day was 1.23 million contracts, a decrease of 33,300 from the previous day, representing a 0.03-fold decrease in volume. The open interest stands at 8.65 million contracts.
Apple Inc.(AAPL.US): Overnight, shares fell by 1.14%. The total options trading volume for the day reached 1.02 million contracts, an increase of 362,200 from the previous day, representing a 0.55-fold increase in volume. The open interest is at 5.2 million contracts.
Advanced Micro Devices, Inc.(AMD.US): Overnight, shares rose by 1.76%. The total options trading volume for the day reached 900,000 contracts, an increase of 210,200 from the previous day, representing a 0.31-fold increase in volume. The open interest stands at 3.91 million contracts.
Palantir Technologies(PLTR.US): Overnight, shares rose by 1.49%. The total options trading volume for the day reached 810,000 contracts, a decrease of 964,000 from the previous day, representing a 0.54-fold decrease in volume. The open interest is at 3.83 million contracts.
| Code | Closing Price | Volume | Open Interest | PUT/CALL Ratio |
|---|---|---|---|---|
| NVIDIA Corporation(NVDA.US) | 117.06 | 2.37M | 22.51M | 1.0 |
| Alphabet Inc. Class A(GOOGL.US) | 151.38 | 1.6M | 3.17M | 0.6 |
| Tesla Motors, Inc.(TSLA.US) | 276.22 | 1.23M | 8.65M | 0.9 |
| YieldMax AAPL Option Income Strategy ETF(APLY.US) | 196.25 | 1.02M | 5.2M | 0.8 |
| Advanced Micro Devices, Inc.(AMD.US) | 100.36 | 0.9M | 3.91M | 0.8 |
| Palantir Technologies(PLTR.US) | 110.48 | 0.81M | 3.83M | 0.9 |
| Alphabet Inc. Class C(GOOG.US) | 152.8 | 0.76M | 1.39M | 0.7 |
| Amazon.com, Inc.(AMZN.US) | 188.71 | 0.57M | 4.31M | 0.8 |
| Super Micro Computer, Inc.(SMCI.US) | 32.48 | 0.48M | 2.72M | 0.7 |
| Hims & Hers Health Inc Ordinary Shares - Class A(HIMS.US) | 52.35 | 0.33M | 0.84M | 1.0 |
PUT/CALL: Counts the percentage of open put and call option holdings for the listed stocks during the trading day.
Options Activity Tracking:
Alphabet Inc. Class A(GOOGL.US): Overnight, shares fell by 7.26%. The total options trading volume reached 1.6 million contracts, with significant activity in several last-minute call options:
- GOOGL 090525 C 152.5: Strike price of $152.5, expiring on May 9, 2025, with a volume of 50,700 contracts, down 87.79%.
- GOOGL 090525 C 155: Strike price of $155.0, expiring on May 9, 2025, with a volume of 105,300 contracts, down 93.3%.
- GOOGL 090525 C 149: Strike price of $149.0, expiring on May 9, 2025, with a volume of 8,800 contracts, down 76.26%.
Alphabet Inc. Class C(GOOG.US): Overnight, shares fell by 7.51%. The total options trading volume reached 760,000 contracts, with significant activity in several last-minute call options:
- GOOG 090525 C 152.5: Strike price of $152.5, expiring on May 9, 2025, with a volume of 26,000 contracts, down 84.9%.
- GOOG 090525 C 155: Strike price of $155.0, expiring on May 9, 2025, with a volume of 50,000 contracts, down 90.37%.
| Code | Option Type | Strike Price | Expiration Date | Volume | Open Interest | Vol/OI Ratio |
|---|---|---|---|---|---|---|
| Alphabet Inc. Class A(GOOGL.US) | CALL | $152.5 | 05/09/25 | 50.74K | 173 | 293.31 |
| Alphabet Inc. Class C(GOOG.US) | CALL | $152.5 | 05/09/25 | 26.04K | 154 | 169.1 |
| Alphabet Inc. Class A(GOOGL.US) | CALL | $155.0 | 05/09/25 | 105.31K | 895 | 117.66 |
| Alphabet Inc. Class C(GOOG.US) | CALL | $155.0 | 05/09/25 | 49.97K | 528 | 94.64 |
| Alphabet Inc. Class A(GOOGL.US) | CALL | $149.0 | 05/09/25 | 8.8K | 105 | 83.8 |
| Alphabet Inc. Class A(GOOGL.US) | CALL | $150.0 | 05/09/25 | 45.25K | 642 | 70.48 |
| Alphabet Inc. Class C(GOOG.US) | CALL | $150.0 | 05/09/25 | 16.48K | 239 | 68.96 |
| Alphabet Inc. Class A(GOOGL.US) | PUT | $146.0 | 05/09/25 | 11.07K | 186 | 59.51 |
| Alphabet Inc. Class A(GOOGL.US) | CALL | $157.5 | 05/09/25 | 55.4K | 975 | 56.82 |
| Alphabet Inc. Class C(GOOG.US) | PUT | $148.0 | 05/09/25 | 7.95K | 162 | 49.04 |
vol/oi: The ratio of options volume to the number of open positions in the contract, with higher vol/oi indicating that the market is creating an abnormal number of new positions.
Option IV Unusual Movements:
Pony AI Inc.(PONY.US) 's stock rose 4.05% overnight, with total options trading volume reaching 12,000 contracts. The implied volatility increased to 186.36%.
The company previously announced a strategic partnership with Uber, planning to integrate Pony.ai's vehicles into Uber's ride-hailing platform. This collaboration is set to launch in the Middle East later this year, with plans for future expansion into other international markets.
High IV stocks:
| Code | Volume | IV | IV Rank | IV Percentile |
|---|---|---|---|---|
| Beyond Meat(BYND.US) | 8.08K | 311.12% | 88.16% | 99% |
| MicroAlgo, Inc. - Ordinary Shares(MLGO.US) | 8.87K | 281.69% | 48.20% | 70% |
| Prothena Corp. Plc(PRTA.US) | 4.32K | 263.58% | 100.00% | 100% |
| Iovance Biotherapeutics Inc(IOVA.US) | 4.98K | 245.24% | 30.65% | 86% |
| iRobot(IRBT.US) | 6.12K | 229.17% | 93.83% | 99% |
| Wolfspeed(WOLF.US) | 60.62K | 223.06% | 80.32% | 94% |
| WEIGHTWATCHERS INTERNATIONAL INC(WW.US) | 30.90K | 220.72% | 26.40% | 70% |
| Faraday Future Intelligent Electric Inc (FFAI.US) | 3.99K | 212.03% | 17.11% | 50% |
| Azul S.A. Sponsored ADR Pfd(AZUL.US) | 18.12K | 199.81% | 71.95% | 96% |
| Pony AI Inc.(PONY.US) | 12.04K | 186.36% | 0.04% | 17% |
Data source: Barchart, as of May 7, 2025, Eastern Time.
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Note: Implied volatility estimates the expected fluctuation of a stock's price and is derived from the price of its options. High and low levels of implied volatility signify market sentiment and option supply and demand dynamics. Feeding into an option's premium, implied volatility, time value, and directional movement embody the core aspects influencing option pricing. Traders navigate their strategies within this three-dimensional framework.
Volume reflects the aggregate volume of options contracts executed in a single day.
IV Rank gauges the standing of the current implied volatility within the highest and lowest values observed over the past year, serving as a relative measure.
IV Percentile denotes the proportion of days during the past year when the implied volatility was lower than the present rate, providing a statistical norm.
IV Yearly High marks the apex of an option's implied volatility recorded within the preceding year, signaling its peak uncertainty or risk