Options Market Statistics: Oracle Stock Rises on TikTok Deal Buzz
$Tesla Motors(TSLA)$ led options activity with 2.08 million contracts traded and a bullish put/call ratio of 0.55, alongside an IV rank of 20.82% indicating moderate volatility expectations, as open interest reached 8.45 million—reflecting sustained trader interest in its upward trajectory. Shares extended their rally for several sessions, climbing 2.82% to close at $421.62, building on momentum from Elon Musk's $1 billion stock purchase disclosed.
$Oracle(ORCL)$ saw heightened options engagement with 0.73 million contracts and a favorable put/call ratio of 0.46, paired with a sharply elevated IV rank of 72.93% signaling anticipated swings from potential deal developments, while open interest stood at 1.47 million. The stock rose 1.49% to $306.65 following reports of a preliminary U.S.-China agreement on TikTok's operations, positioning Oracle as a key player in an investor consortium to oversee the app's U.S. business—easing prior regulatory uncertainties and boosting sentiment amid the Fed's looming rate decision.
$BigBear.ai Holdings(BBAI)$ commanded outsized options interest relative to its size, with a strikingly bullish put/call ratio of 0.09 and IV rank of 27.15%, as volume hit 0.45 million contracts against 1.10 million in open interest, underscoring speculative fervor. Shares skyrocketed 16.7% to $5.92, marking the stock's largest single-day gain in months and outperforming the slipping broader market, where the S&P 500 dipped 0.13% ahead of the Federal Reserve's policy announcement.
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