Top 10 Options Trading Volume:

Tesla Motors, Inc.(TSLA.US): Overnight drop of 6.34%, with a total of 3.14 million options traded that day, an increase of 1.3 million from the previous day, up by 0.71 times compared to the previous day. There were 6.72 million open interest options. 

Tesla’s stock price has fallen to a three-month low, dropping over 30% from its historical high. Wall Street is gradually losing confidence in Tesla’s artificial intelligence (AI) narrative and the prospects of its autonomous driving.

NVIDIA Corporation(NVDA.US): Overnight drop of 0.58%, with a total of 2.43 million options traded that day, a decrease of 1.09 million from the previous day, down by 0.31 times compared to the previous day. There were 24.63 million open interest options. 

Apple Inc.(AAPL.US): Overnight increase of 2.18%, with a total of 1.05 million options traded that day, an increase of 497,500 from the previous day, up by 0.9 times compared to the previous day. There were 4.51 million open interest options.

Intel Corporation(INTC.US): Overnight increase of 6.07%, with a total of 1.03 million options traded that day, an increase of 654,500 from the previous day, up by 1.75 times compared to the previous day. There were 4.95 million open interest options. 

Vance stated at the AI summit hosted by French President Macron that “to maintain the U.S. edge, the Trump administration will ensure the most powerful AI systems are built in the U.S. with U.S.-designed and manufactured chips.”

Super Micro Computer, Inc.(SMCI.US): Overnight drop of 9.47%, with a total of 950,000 options traded that day, a decrease of 258,300 from the previous day, down by 0.21 times compared to the previous day. There were 3.38 million open interest options. 

After-hours surge of over 8%, the company expects net sales of $5.6 to $5.7 billion for the second fiscal quarter, against its original forecast of $5.5 to $6.1 billion. It expects adjusted EPS for the second quarter to be $0.58 to $0.60, compared to analyst expectations of $0.64 and its original forecast of $0.56 to $0.65. It forecasts full-year net sales of $23.5 to $25 billion, with initial estimates of $26 to $30 billion.

Alibaba Group Holding Ltd. Sponsored ADR(BABA.US): Overnight increase of 1.31%, with a total of 680,000 options traded that day, an increase of 101,500 from the previous day, up by 0.17 times compared to the previous day, with put options making up 18.39% and call options making up 81.61% of the total volume. There were 2.29 million open interest options. 

Apple and Alibaba will collaborate to develop AI features for Chinese iPhone users. Insiders say this move is one of Apple’s strategies to respond to declining sales in China, aiming to offer more attractive software features.

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

Options Activity Tracking:

Teck Resources Limited Class B(TECK.US): Overnight drop of 2.04%, where the call option TECK_250815_C_50.0 with a strike price of $50.00, expiring on August 15, 2025, traded 22,800 contracts, with this option falling 4.0%.

Centene Corporation(CNC.US): Overnight drop of 2.58%, where the put option CNC_250417_P_55.0 with a strike price of $55.00, expiring on April 17, 2025, traded 13,000 contracts, with this option rising 39.29%.

Tesla Motors, Inc.(TSLA.US): Overnight drop of 6.34%, with multiple CALL orders betting on a price increase, including:

The call option TSLA_250214_C_332.5 with a strike price of $332.5, expiring on February 14, 2025, traded 22,800 contracts, with this option falling 69.48%. The call option TSLA_250214_C_335.0 with a strike price of $335.0, expiring on February 14, 2025, traded 53,400 contracts, with this option falling 71.65%. 

TKO Group Holdings, Inc. Class A(TKO.US): Overnight increase of 1.98%, where the put option TKO_250321_P_165.0 with a strike price of $165.00, expiring on March 21, 2025, traded 15,100 contracts, with this option rising 14.75%.

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:

BigBear.ai Holdings Inc Ordinary Shares(BBAI.US) saw a total options trading volume of 170,900 contracts for the day, with put options accounting for 19.91% and call options for 80.09% of the total volume, and the implied volatility standing at 184.16%.

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