Options Intelligent Investment Report: Storage plummets, Space X officially joins the Nasdaq, weakening before market opening, Tesla’s impressive delivery attracts institutions to take long positions
Opportunity-forward storage sectors weakened across the board before the market opened, with Micron Technology falling 6.17%, Western Digital falling 7.35%, and SanDisk falling 5.59%. Options data reflects that market concerns have not subsided: Micron Technology’s put/call options trading ratio is 1.08, the position ratio is 1.47, the implied volatility is as high as 108%, and the IV percentile is 94%. Even if the stock price has corrected, investors still predict that the stock will maintain violent fluctuations in the future.
The storage sector weakened across the board before the opening, with Micron Technology falling 6.17%, Western Digital falling 7.35%, and SanDisk falling 5.59%. Options data reflects that market concerns have not subsided: Micron Technology’s put/call options trading ratio is 1.08, the position ratio is 1.47, the implied volatility is as high as 108%, and the IV percentile is 94%. Even if the stock price has corrected, investors still predict that the stock will maintain violent fluctuations in the future. SpaceX completed its inclusion in the Nasdaq 100 today, and fell 0.5% before the market due to the positive cash-out funds. The implied volatility on the option side was 92.84%, which is still in the historically high range, and the stock price has a large room for fluctuations. Tesla soared 6.69% yesterday, with a slight correction of 0.39% before the market opened. The company disclosed that it delivered approximately 480,000 vehicles globally in the second quarter, a year-on-year increase of 25%. The option signals are bullish, with the stock's put/call options trading ratio only 0.54, the implied volatility 52.91%, and the IV percentile 59%. The overall market funds are bullish on the stock price. On July 6, Eastern Time, the trading volume in the U.S. stock index options market declined, with a total of 5.36 million contracts traded. The put/call turnover ratio increased to 1.02. For the upcoming expiration date, the S&P 500 options volume distribution shows the following characteristics: put volume peaks at 7,500 points, and call option volume peaks at 7,550 points. Tesla closed up 6.69%, with 4.4447 million options contracts traded, and the put/call volume ratio dropped to 0.54. Tesla's second-quarter deliveries increased by 25% year-on-year, the stock price rose by 6.2%, and institutional investors purchased $35 million in call options. SpaceX closed down 0.98%, with 727,700 options contracts traded, and the put/call volume ratio fell to 0.56. SpaceX will officially join the Nasdaq 100 Index on Tuesday and announce the orbital AI data center "Starmind" plan. Options trading volume rankings Among the top 10 stocks by options volume, Micron Technology has the highest put/call volume ratio at 1.06. Micron Technology invested US$9.3 billion to expand its Hiroshima wafer fab in Japan to focus on the production of AI memory chips. The highest put/call position ratio is Micron Technology, reaching 1.47. The top ten stocks by trading volume: The top ten indices by trading volume: Introduced volatility ranking (underlying market value > 1 billion US dollars, and option trading volume > 100,000) SanDisk has the highest implied volatility, reaching 138.34%, an increase of 6.15% from the previous trading day. SanDisk's stock price rose 4% before the market opened on Monday, and analysts expected its earnings per share to increase significantly from $18.57 to $33.80. Opendoor Technologies had the largest increase in implied volatility, reaching 108.91%, an increase of 31.11% from the previous trading day. Opendoor Technologies shares rose 6.73% to $5.23, with options trading active, with daily trading volume reaching 174,200 contracts. (