>>Market Color @ALL - OCC reports a total of 715,368 flex contracts traded on Sep 14th, with average daily flex volume of 449,646 over the past month. 69.2% of Thursday's flex volume traded on Cboe, 7.4% NYSE-Arca, 1.0% PHLX and 22.4% Amex. Current Flex open interest is 18,317,706 contracts. (Autocolor ()) #flex #marketmover
>>Market Color TSLA - Most profitable opening equity option purchase made in the prior session was a buy of 2015 Tesla 09/15 277.5 calls for $1.54 at 10:23 when underlying shares were trading $272.413. These calls closed near $2.11 for mark-to-market profit of 37%, or $114K on the $311K outlay. TSLA shares closed up 4.74 at $276.04 (Autocolor ()) [TSLA 276.04 +4.74 Ref]
>>Market Color VALE - Rev/Con recap for Sep 14th. 345,394 contracts traded Thursday in reverse/conversion spreads on 95 underlying securities. 17.3m underlying shares were involved with total notional value of $2.16b. Rev/Con volume leaders included VALE, SPY, CHPT, IWM and HYG with implied borrow rates ranging from -37.75% (XLE) to 19.08% (MSOS). (Autocolor ()) #revcon
>>Market Color .VIX - VIX Global Trading Hours (GTH) session recap for September 15, 2023. 85 trades were executed in VIX overnight, totaling 6867 contracts. (Autocolor ()) #gth
>>Market Color .SPX - SPX Global Trading Hours (GTH) session recap for September 15, 2023. 10840 trades were executed in SPX overnight, totaling 61401 contracts. (Autocolor ()) #gth
>>Market Color @STOCK - Among the most active single stock option classes, early gainers today include:
CGC $1.54 +0.29 +23.20%,
MULN $0.64 +0.07 +12.28%,
NKLA $1.27 +0.12 +10.43%,
TLRY $3.17 +0.19 +6.38%,
EOSE $2.72 +0.12 +4.62%,
while the biggest losers include:
SCHW $57.56 -2.20 (-3.68%),
CVNA $54.06 -1.80 (-3.22%),
PLTR $15.38 -0.46 (-2.91%),
MPW $6.39 -0.19 (-2.89%),
CHPT $5.88 -0.17 (-2.81%),
(Autocolor ()
>>Unusual Volume LEN - 16x market weighted volume: 10.4k = 108.4k projected vs 6531 adv, 62% calls, 8% of OI Post-Earnings [LEN 112.33 -5.37 Ref]
>>Unusual Volume NEM - 3x market weighted volume: 8042 = 83.6k projected vs 23.8k adv, 91% calls, 2% of OI [NEM 40.48 +0.95 Ref]
>>Unusual Volume SCHW - 3x market weighted volume: 17.7k = 183.8k projected vs 57.2k adv, 58% puts, 2% of OI [SCHW 57.48 -2.27 Ref]
>>Unusual Volume ACB - 5x market weighted volume: 8368 = 87.0k projected vs 16.2k adv, 90% calls, 3% of OI [ACB 0.97 +0.13 Ref]
>>Unusual Volume ADBE - 13x market weighted volume: 41.4k = 430.6k projected vs 33.1k adv, 51% puts, 13% of OI Post-Earnings [ADBE 530.62 -21.54 Ref]
>>Unusual Volume F - 5x market weighted volume: 67.0k = 696.3k projected vs 138.8k adv, 79% puts, 2% of OI [F 12.73 +0.12 Ref]
>>Unusual Volume CVNA - 3x market weighted volume: 38.4k = 398.7k projected vs 103.9k adv, 69% calls, 5% of OI [CVNA 54.06 -1.79 Ref]
>>Unusual Volume U - 6x market weighted volume: 23.5k = 243.9k projected vs 38.3k adv, 81% calls, 5% of OI [U 36.53 +0.82 Ref]
>>Unusual Volume NKLA - 3x market weighted volume: 44.3k = 460.3k projected vs 145.4k adv, 54% puts, 2% of OI [NKLA 1.27 +0.12 Ref]
>>Unusual Volume CGC - 3x market weighted volume: 19.0k = 197.3k projected vs 65.7k adv, 87% calls, 3% of OI [CGC 1.54 +0.28 Ref]
>>Unusual Volume DDOG - 3x market weighted volume: 6694 = 69.6k projected vs 23.2k adv, 56% puts, 3% of OI [DDOG 95.03 -2.48 Ref]
>>Unusual Volume NAT - 42x market weighted volume: 8482 = 88.1k projected vs 2096 adv, 96% calls, 8% of OI [NAT 3.77 -0.01 Ref]