Options Market Statistics: Nvidia Rose 1.02% on Its Deal with AI Inference Chip Company Groq
$NVIDIA(NVDA)$ ranked top with a put/call ratio of 0.46 and a low IV rank of 6.05%, indicating tempered volatility bets as volume reached 3.26 million contracts versus 17.75 million in open interest. Shares rose 1.02% on the back of a new deal with AI inference chip company Groq, with Wall Street analysts expressing broad optimism.
$Tesla Motors(TSLA)$ ranked second in options activity with a neutral put/call ratio of 0.68 and a high IV rank of 7.27%, indicating subdued volatility bets as volume hit 3.13 million contracts against 7.61 million in open interest. Shares fell 2.1% to $475.19. The electric-vehicle company's shares continue to hover a few percentage points under $500 following their record close of $489.88 on Dec. 16. Meanwhile, U.S. auto safety officials are examining complaints that the 2022 Model 3's manual door release is challenging to identify in emergency situations.
$Palantir Technologies Inc.(PLTR)$ entered the actives as a new addition with a put/call ratio of 0.56 and a IV rank of 1.67%, reflecting downside caution as volume hit 0.57 million contracts against 3.63 million in open interest. Shares dipped 2.81% but have rallied 157% year-to-date as its commercial operations gain steam amid the AI boom.
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