【December 3rd US Stock Options Leaderboard】

ADP employment data weakened, interest rate cut expectations rose, and the US stock market overall remained warm, with chips and growth stocks continuing to dominate volatility.

$Tesla (TSLA)$​ Call trading volume topped the list, mainly driven by aggressive buying, with funds still leveraging at high levels; on one hand, expectations for US robotics/Robotaxi policies and optimistic sentiment about improved shipments to China pushed the stock price up, while on the other hand, declining sales in Europe and valuation concerns voiced by Michael Burry and others kept it in check.

👉 Strategy: Use a slightly out-of-the-money covered call for 1–3 months to reduce volatility if holding spot; bullish but cautious about a pullback, consider replacing short-term naked calls with a bull call spread around March.

$Nvidia (NVDA)$​ Call ranks highly, with slight net buying; the market fluctuated near the 50-day moving average, with funds more focused on high-level turnover rather than consistent selling. Congress has excluded new terms that would restrict its foreign supply, and negotiations for a multi-billion dollar collaboration with OpenAI are still underway, with multiple brokerages continuing to emphasize the AI leader logic, though export controls and valuation remain constraints.

👉 Strategy: For medium-term bullishness, prioritize using a 3–6 month Bull Put Spread (sell slightly out-of-the-money Puts, buy lower Puts) to profit from time value while controlling extreme downside risks.

$Intel (INTC)$​ Call has a high proportion but overall net selling indicates that some bulls are cashing in on the good news after a substantial rise. Recently, the stock price rebounded strongly due to a combination of factors such as "potentially manufacturing Apple's M series + expansion in Malaysia + government and SoftBank, Nvidia's stake," and the official confirmation to retain the NEX business, strengthening the AI + edge computing integration narrative.

👉 Strategy: Upside potential is limited; consider using a 1–3 month Call Credit Spread (sell high Call, buy even higher Call) to express a "bullish but less aggressive" view; for those really wanting to get in, sell far-month out-of-the-money Puts in batches as discount orders. #OptionsFlow