Top 10 Options Trading Volume:

Tesla Motors, Inc.(TSLA.US): Overnight fell by 8.39%, with a total volume of options traded reaching 3.57 million contracts, a 1.09 times volume increase compared to the previous day. Open interest stood at 6.8 million contracts. 

Data from the European Automobile Manufacturers Association indicates that last month, Tesla’s sales in Europe fell by 45%, while the entire industry’s electric vehicle sales soared by 37% during the same period. Tesla is currently busy remodeling the production line for its best-selling Model Y SUV, while CEO Elon Musk’s political stance in Europe also sparked controversy.

NVIDIA Corporation(NVDA.US): Overnight fell by 2.8%, with a total volume of options traded reaching 2.84 million contracts, with call options exceeding 57%, a 0.16 times volume decrease compared to the previous day. Open interest stood at 21.79 million contracts. 

Reports on Tuesday said that NVIDIA is expanding its partnership with networking equipment manufacturer Cisco, aimed at making it easier for enterprises to deploy artificial intelligence systems.

Palantir Technologies(PLTR.US): Overnight fell by 3.13%, with a total volume of options traded reaching 1.18 million contracts, a decrease of 517,900 contracts compared to the previous day, down by 0.3 times. Open interest stood at 3.48 million contracts. 

The stock has been falling for five consecutive trading days, accumulating a 29.5% drop over five days. Recently, US President Trump promised to cut federal spending, and the Department of Defense plans to reduce US military spending by 8% over the next five years, threatening a significant source of income for the company.

Super Micro Computer, Inc.(SMCI.US): Overnight fell by 11.76%, with a total volume of options traded reaching 1.04 million contracts, an increase of 379,800 contracts compared to the previous day, up by 0.57 times. Open interest stood at 3.41 million contracts. 

The company submitted its 10-K report after the close on Tuesday, and the stock surged by over 19% in after-hours trading.

Meta Platforms(META.US): Overnight fell by 1.59%, with a total volume of options traded reaching 510,000 contracts, an increase of 109,300 contracts compared to the previous day, up by 0.27 times. Open interest stood at 1.93 million contracts. 

The company recently announced the development of a new device that can facilitate text input by reading neural signals from the brain.

PUT/CALL: Counts the percentage of open put and call option holdings for the listed stocks during the trading day.

Options Activity Tracking:

Enterprise Products Partners L.P.(EPD.US): Overnight fell 1.1%, with the call option EPD_250228_C_34.5, which has a strike price of $34.50 and expires on February 28, 2025, trading 42,500 contracts, and this option remained unchanged at a 0.0% increase, indicating investors are betting on the stock’s long-term bullish trend.

Tesla Motors, Inc.(TSLA.US): Overnight fell 8.39%, notable movements in call options:

TSLA_260618_C_950.0, a call option with a strike price of $950.00, expiring on June 18, 2026, traded 48,300 contracts and this option fell by 23.95%. TSLA_250228_C_305.0, a call option with a strike price of $305.00, expiring on February 28, 2025, traded 48,100 contracts, and this option fell by 71.12%. 

Pfizer Inc.(PFE.US): Overnight increased by 0.34%, with the put option PFE_250321_P_26.5, which has a strike price of $26.50 and expires on March 21, 2025, trading 12,900 contracts, and this option remained unchanged with a 0.0% increase.

MicroStrategy Incorporated Class A(MSTR.US): Overnight fell 11.41%, with the call option MSTR_250228_C_275.0, which has a strike price of $275.00 and expires on February 28, 2025, trading 14,400 contracts, and this option fell by 86.0%.

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.

Options IV Unusual Movements:

Applied Optoelectronics, Inc.(AAOI.US) plummeted by 14% on Tuesday, with a total options trading volume reaching 8,690 contracts, and the implied volatility rose to 184%.

Read More: A quick look at the pros and cons of index options!

Note: Implied volatility is an estimate of 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, alongside time value and directional movement, embodies 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