Wall Street stocks clawed their way back from a steep selloff to close higher on Monday(Mar 9), notching a final-hour rebound after U.S. President Donald Trump suggested that the U.S.-Israeli war on Iran could be close to ending.
Regarding the options market, a total volume of 61,488,467 contracts was traded on Monday.
Top 10 Option Volumes
Source: Tiger Trade App
Nvidia rebounded 2.7% on Monday despite geopolitical risks, after earnings reports last week showed that demand for the hardware that powers artificial intelligence remains strong.
There are 3.08M Nvidia option contracts traded on Monday, of which call options account for 57%. A particularly high volume was seen for the $160 strike put options expiring Apr 2, with a total number of 69,512 strike trading. $NVDA 20260402 160.0 PUT$
Unusual Options Activity
Source: Market Chameleon
Hims & Hers Health Inc. rallied 41% after Novo Nordisk agreed to sell its weight-loss drugs on the telehealth company's platform and drop a lawsuit alleging patent infringement.
There are 573.92K Hims & Hers Health Inc. option contracts traded on Monday, four times higher than the previous trading day, of which call options account for 68%. A particularly high volume was seen for the $25 strike call options expiring Mar 13, with a total number of 21,773 strike trading. $HIMS 20260313 25.0 CALL$
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