Market Overview
Wall Street rallied on Thursday(Jul 3) to record closing highs, as chipmaker Nvidia rose closer to a $4 trillion valuation and a surprisingly strong U.S. jobs report cheered investors, who shrugged off dimming chances for an interest rate cut this month.
Regarding the options market, a total volume of 39,000,482 contracts was traded.
Top 10 Option Volumes
Top 10: Nvidia, Tesla, Apple, Robinhood, Strategy, Amazon, Palantir, AMD, CBOE Volatility Index, Meta
NVIDIA stock closed at a record high on Thursday, rising 1.3% amid a broader market rally and putting shares one step closer to unseating Apple (AAPL) as the most valuable company in market history.
There are 3.37 million NVIDIA option contracts traded on Thursday. Call options account for 66% of overall option trades. Particularly high volume was seen for the $160 strike call option expiring Jul 3, with 543,114 contracts trading. $NVDA 20250703 160.0 CALL$
Robinhood stock dipped about 4% on Thursday.
This selloff came after OpenAI moved quickly to distance itself from the scheme, posting on X that it did not partner with Robinhood, was not involved in this, and does not endorse it. The ChatGPT parent underscored that any transfer of its equity requires its express approval, which it never granted.
There are 768.19K Robinhood option contracts traded on Thursday. Call options account for 60% of overall option trades. Particularly high volume was seen for the $95 strike call option expiring Jul 3, with 68,634 contracts trading. $HOOD 20250703 95.0 CALL$
Unusual Options Activity
Oracle stock rose 3% on Thursday.
There are 267.32K Oracle option contracts traded on Thursday. Call options account for 76% of overall option trades. Particularly high volume was seen for the $235 strike call option expiring Jul 3, 2025, with 21,671 contracts trading. The $235 strike call option expiring Jul 3 surged 272% on Thursday. $ORCL 20250703 235.0 CALL$
TOP Bullish & Bearish Single Stocks
This report shows stocks with the highest volume of bullish and bearish activity by option delta volume, which converts option volume to an equivalent stock volume (bought or sold).
If we take the total positive option delta volume and subtract the total negative option delta volume, we will get the net imbalance. If the net imbalance is positive, there is more bullish pressure. If the net is negative, there is more bearish pressure.
Based on option delta volume, traders bought a net equivalent of 870,318 shares of Apple stock. The largest bullish delta came from buying calls. The largest delta volume came from the 03-Jul-25 215 Put, with traders getting long 430,422 deltas on the single option contract.
Top 10 bullish stocks: Nvidia, Apple, Lucid, Datadog, Core Scientific, Tilray, Bit Digital, PG&E, SolarEdge, Strategy
Top 10 bearish stocks: CoreWeave, Charles Schwab, Robinhood, Webull, Arm, D-Wave Quantum, BigBear.ai, Intel, Bitfarms, Riot Platforms
If you are interested in options and you want to:
Share experiences and ideas on options trading.
Read options-related market updates/insights.
Learn more about options trading if you are a beginner in this field.
Please click to join Tiger Options Club
精彩评论