Stocks and Investing Stocks and Investing
Tue, December 3, 2024
Mon, December 2, 2024
[ Mon, Dec 02nd 2024 ] - Thomas Matters
What is an IPO?

Unusually active option classes on open December 2nd


Published on 2024-12-02 18:01:08 - Thomas Matters, WOPRAI
  Print publication without navigation

  • Unusual total active option classes on open include: Cabaletta Bio ( CABA ), Core and Main ( CNM ), Recursion Pharmaceuticals ( RXRX ), Fastly Inc ( FSLY ), UP Fintech Holding Ltd ( TIGR ), Hewlett Packard Enterprise ( HPE ), Zscaler ( ZS ), Rocket Lab USA ( RKLB ), Joby Aviation (JOBY), and Enterprise Products ( EPD ).

The article from Business Insider discusses the unusually active option classes on the opening of December 2nd. It highlights significant trading activity in options for several companies. Notably, Tesla Inc. saw high volume in both call and put options, reflecting investor speculation on its stock price movement following announcements related to its production and delivery numbers. NVIDIA Corporation also experienced substantial options trading, likely due to its pivotal role in AI and gaming sectors, with investors betting on its future earnings potential. Apple Inc. had active options trading, possibly influenced by news regarding its supply chain issues and product launch expectations. Additionally, AMC Entertainment Holdings continued to be a focal point for options traders, driven by the ongoing meme stock frenzy and its volatile stock price. The article provides insights into the market sentiment and the potential reasons behind the increased options activity for these stocks.

Read the Full Business Insider Article at:
[ https://markets.businessinsider.com/news/stocks/unusually-active-option-classes-on-open-december-2nd-1034087779 ]
Contributing Sources