U.S. stocks closed sharply higher on Wednesday(Apr 8) after a last-minute, two-week ceasefire agreement between the United States and Iran lifted investor sentiment.
Regarding the options market, a total volume of 66,494,256 contracts was traded on Wednesday, up 45% from the previous trading day.
Top 10 Option Volumes
Source: Tiger Trade App
$NVIDIA(NVDA)$ stock rose 2% on Wednesday as the cease-fire deal between the U.S. and Iran sparked a broad market rally.
A total number of 2.44M options related to $NVIDIA(NVDA)$ were traded on Wednesday, up 76% from the previous trading day, of which call options accounted for 62%. Particularly high volume was seen for the $185 strike call option expiring Apr. 10 with 92,835 contracts trading. $NVDA 20260410 185.0 CALL$
Unusual Options Activity
Source: Market Chameleon
$Meta Platforms(META)$'s stock rose 6.5% after announcing a new large language model Wednesday, its first major new artificial-intelligence model in more than a year.
A total number of 1.55M options related to $Meta Platforms(META)$ were traded on Wednesday, four time higher than the previous trading day, of which call options accounted for 62%.
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