【December 2nd US Stock Options Top List】
The market rebounded slightly against the backdrop of stable interest rates and Bitcoin, with the Nasdaq up about +0.6%, and tech stocks continuing to dominate the market.
$NVIDIA (NVDA)$ stock price has been fluctuating around $180 in recent days, with a small increase today, showing overall consolidation after a significant rise last week. On the top list, NVDA Call transaction volume ranks first, accounting for over 60% with net buying being positive, typical of a "trend-following capital replenishing positions" flavor.
👉 Strategy: Bullish but not advisable to over-leverage, suitable to participate in the upside using 2-3 month slightly out-of-the-money Call Spreads or Bull Put Spreads, as the risk/retracement of naked Calls is relatively large.
$Tesla (TSLA)$ stock price fluctuates in a narrow range around $420–440 at high levels, with a year-to-date increase of about 7%, and about +20% over the past 12 months. Historically, December has a high probability of rising but also large volatility. Today, Puts account for over 70%, while the large-scale Puts for December 25 at 540 / 545 rank high on the large orders list, with most transactions occurring around MID, resembling institutions providing insurance for previous longs at high levels rather than purely shorting.
👉 Strategy: Hold spot: Consider using protective Puts or a Collar with expirations of 6-12 months to hedge Q4 / next year's volatility; for those looking to speculate on year-end trends: use short-term options for Call spreads, which are more favorable than simply buying high Delta Calls.
$Apple (AAPL)$ has risen for 7 consecutive days, reaching a new high, closing near $286, and has formed a trend stock characterized by "AI concerns clearing + iPhone 17 sales exceeding expectations + multiple brokerages raising target prices". In the top list, AAPL's Calls account for as much as 95% but overall are net sold, indicating that institutions are more engaged in covered calls at high levels to collect premiums rather than continuing to leverage for longs.
👉 Strategy: Long-term bullish: Consider selling slightly out-of-the-money Puts on pullbacks as "limit orders"; for those with existing positions: moderately perform covered calls to increase cash flow, which is more cost-effective than simply continuing to increase positions.
