Options Market Statistics: Nvidia Drops 1.6% on Oracle's Neutral Stance to AI Chips
$NVIDIA(NVDA)$ led options volume with a neutral put/call ratio of 0.64 and a low IV rank of 14.50%, suggesting subdued trader anticipation as volume hit 2.50 million contracts against 20.65 million in open interest. Shares fell 1.6% after Oracle's executive chairman Larry Ellison remarked that his firm is pursuing a "chip neutral" approach, purchasing Nvidia processors while remaining open to alternatives based on client preferences.
$Oracle(ORCL)$ saw strong activity with a bearish put/call ratio of 0.87 and a high IV rank of 45.64%, indicating downside protection as volume reached 1.67 million contracts versus 2.29 million in open interest. Shares plunged 11% following an upward revision to its fiscal year capital spending outlook by $15 billion and guidance that missed analyst targets, highlighting potential delays in AI-driven growth.
$Robinhood(HOOD)$ entered the actives as a new addition with a neutral put/call ratio of 0.34 and a low IV rank of 4.51%, reflecting steady interest as volume totaled 0.54 million contracts against 2.12 million in open interest. Shares declined 9% after disclosing sharp November volume drops, with crypto transactions down 12% to $28.6 billion, stock trades off 37% to $201.5 billion, and overall platform assets slipping 5% to $325 billion.
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