Wall Street stocks clawed their way back from a steep selloff to close higher on Monday(Mar 9), notching a final-hour rebound after U.S. President Donald Trump suggested that the U.S.-Israeli war on Iran could be close to ending.
Regarding the options market, a total volume of 61,488,467 contracts was traded on Monday.
Top 10 Option Volumes
Source: Tiger Trade App
$Nvidia(NVDA)$ rebounded 2.7% on Monday despite geopolitical risks, after earnings reports last week showed that demand for the hardware that powers artificial intelligence remains strong.
There are 3.08M $Nvidia(NVDA)$ option contracts traded on Monday, of which call options account for 57%. A particularly high volume was seen for the $160 strike put options expiring Apr 2, with a total number of 69,512 strike trading. $NVDA 20260402 160.0 PUT$
Unusual Options Activity
Source: Market Chameleon
$Hims & Hers Health Inc.(HIMS)$ rallied 41% after $Novo Nordisk(NVO)$ agreed to sell its weight-loss drugs on the telehealth company's platform and drop a lawsuit alleging patent infringement.
There are 573.92K $Hims & Hers Health Inc.(HIMS)$ option contracts traded on Monday, four times higher than the previous trading day, of which call options account for 68%. A particularly high volume was seen for the $25 strike call options expiring Mar 13, with a total number of 21,773 strike trading. $HIMS 20260313 25.0 CALL$
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