Option Signals | Panic index soars! VIX call options double; PLTR faces a PUT bet predicting a fall to 60 US dollars
CBOE Volatility Index | 0.00 | |
VIX 160425 C 21 | 0.00 | |
NVIDIA Corporation NVDA | 0.00 | |
Tesla Motors, Inc. TSLA | 0.00 | |
Strategy MSTR | 0.00 |
Market Overview
March 31 - At the close, the Dow Jones Industrial Average fell 1.69% to 41,583.9 points; the Nasdaq Composite fell 2.7% to 17,322.99 points; the S&P 500 fell 1.97% to 5,580.94 points.
It is noteworthy that the trading volume for the CBOE Volatility Index put options was 328,000 contracts, and the call options trading volume was 516,100 contracts, with a put/call volume ratio of about 0.64. This indicates that investors have a stronger inclination to bet on a rise in the index. Among these, there was a call option on CBOE Volatility Index, VIX 160425 C 21, which had a trading volume of 19,200 contracts and a VOL/OI value of 49.02. The strike price of this contract is 21 points, and this option increased by 103%.
Top 10 Options Trading Volume:
NVIDIA Corporation(NVDA.US): Overnight fell 1.58%, the total volume of options traded for the day reached 4.59 million contracts, an increase of 888,300 contracts from the previous day, a volume increase of 0.24 times compared to the previous day. The open interest was 21.57 million contracts.
Tesla Motors, Inc.(TSLA.US): Overnight fell 3.51%, the total volume of options traded for the day reached 3.69 million contracts, a decrease of 381,200 contracts from the previous day, a volume decrease of 0.09 times compared to the previous day. The open interest was 9.05 million contracts.
After the announcement of Trump’s auto tariff policy, Tesla CEO Elon Musk stated that the new tariffs imposed by the United States on imported cars, light trucks, and auto parts would have a “significant” impact on the automaker. Although Tesla has factories throughout the United States and controls its supply chain to a certain extent, even Tesla could not completely avoid the impact of the tariffs set to take effect on April 2.
MicroStrategy Incorporated Class A(MSTR.US): Overnight fell 10.84%, the total volume of options traded for the day reached 970,000 contracts, an increase of 520,500 contracts from the previous day, a volume increase of 1.15 times compared to the previous day. The open interest was 2.38 million contracts.
Palantir Technologies(PLTR.US): Overnight fell 4.71%, the total volume of options traded for the day reached 970,000 contracts, an increase of 403,800 contracts from the previous day, a volume increase of 0.72 times compared to the previous day. The open interest was 3.3 million contracts.
Company | Closing Price | Trading Volume | Open Interest | PUT/CALL |
| NVIDIA Corporation(NVDA.US) | 109.67 | 4.6M | 21.57M | 0.9 |
| Tesla Motors, Inc.(TSLA.US) | 263.55 | 3.69M | 9.05M | 1.0 |
| MicroStrategy Incorporated Class A(MSTR.US) | 289.41 | 0.97M | 2.38M | 0.8 |
| Apple Inc.(AAPL.US) | 217.9 | 0.97M | 4.56M | 0.8 |
| Palantir Technologies(PLTR.US) | 85.85 | 0.97M | 3.3M | 0.7 |
| Amazon.com, Inc.(AMZN.US) | 192.72 | 0.89M | 3.77M | 0.8 |
| Meta Platforms(META.US) | 576.74 | 0.7M | 2.06M | 0.7 |
| Alphabet Inc. Class A(GOOGL.US) | 154.33 | 0.57M | 2.8M | 0.7 |
| Advanced Micro Devices, Inc.(AMD.US) | 103.22 | 0.51M | 3.72M | 0.8 |
| Super Micro Computer, Inc.(SMCI.US) | 34.26 | 0.5M | 2.87M | 0.8 |
PUT/CALL: Counts the percentage of open put and call option holdings for the listed stocks during the trading day.
Options Activity Tracking:
Wolfspeed(WOLF.US): Overnight fell 51.86%, with significant trades in both call and put options:
WOLF 040425 P 3 put option with a strike price of 3.0 US dollars and expiration on April 4, 2025, traded 29,200 contracts and the option increased 1675.0%.
WOLF 170425 C 3 call option with a strike price of 3.0 US dollars and expiration on April 17, 2025, traded 12,800 contracts and the option decreased 84.9%.
Coinbase Global, Inc.(COIN.US): Overnight fell 7.77%, with COIN 040425 C 185 call option with a strike price of 185.0 US dollars and expiration on April 4, 2025, trading 23,000 contracts and the option decreased 69.74%.
Palantir Technologies(PLTR.US): Overnight fell 4.71%, with PLTR 250425 P 60 put option with a strike price of 60.0 US dollars and expiration on April 25, 2025, trading 60,500 contracts and the option increased 89.66%.
Company | Option Direction Strike Price | Expiration Date | Trading Volume | Open Interest | vol/oi |
| Wolfspeed(WOLF.US) | PUT $3.0 | 04/04/25 | 29.2K | 100 | 291.97 |
| American Eagle Outfitters, Inc.(AEO.US) | PUT $10.0 | 06/20/25 | 53.41K | 251 | 212.79 |
| Coinbase Global, Inc.(COIN.US) | CALL $185.0 | 04/04/25 | 22.96K | 160 | 143.53 |
| Palantir Technologies(PLTR.US) | PUT $60.0 | 04/25/25 | 60.46K | 471 | 128.37 |
| Wolfspeed(WOLF.US) | CALL $3.0 | 04/17/25 | 12.8K | 117 | 109.44 |
| Robinhood Markets, Inc.(HOOD.US) | CALL $51.0 | 05/02/25 | 11.57K | 125 | 92.54 |
| Carvana Co. Class A(CVNA.US) | CALL $300.0 | 04/17/25 | 12.83K | 174 | 73.73 |
| Super Micro Computer, Inc.(SMCI.US) | PUT $25.0 | 04/11/25 | 11.79K | 164 | 71.87 |
| Caesars Entertainment Corporation(CZR.US) | PUT $25.0 | 03/28/25 | 10.74K | 181 | 59.35 |
| DRAFTKINGS INC(DKNG.US) | CALL $37.0 | 04/11/25 | 7.58K | 131 | 57.87 |
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:
Quantum Computing Inc.(QUBT.US): The total options trading volume reached 87,400 contracts, with put options accounting for 23.7% of the total volume and call options accounting for 76.3%. The implied volatility reached 131.06%.
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