Option Movers | Alibaba Sees 77% Call Options; Super Micro Computer's Volume Surges 61%

Option Movers
17 Feb

Market Overview

Wall Street stocks ended mixed on Friday (Feb 14), with Nvidia climbing and Microsoft dipping, while Treasury yields declined a day after U.S. President Donald Trump unveiled reciprocal tariff plans but stopped short of imposing new ones.

Regarding the options market, a total volume of 58,816,243 contracts was traded.

Top 10 Option Volumes

Top 10: Nvidia, Tesla, Super Micro Computer, Intel, Apple, Palantir, CBOE Volatility Index, Strategy, Meta, Alibaba

Shares of Alibaba rallied 4.3% on Friday.

On Friday, Bloomberg and Reuters reported that businesspeople including Alibaba co-founder Jack Ma had been invited to a meeting with China's top leaders—in what could be a sign of official support for the private sector after several turbulent years.

There are 823.41K Alibaba option contracts traded on Friday. Call options account for 77% of overall option trades. Particularly high volume was seen for the $125 strike call option expiring Feb. 14, with 51,691 contracts trading.

Nvidia rose 2.6% on Friday.

There are 4.63 million Nvidia option contracts traded on Friday. Call options account for 68% of overall option trades. Particularly high volume was seen for the $138 strike call option expiring Feb. 14, with 298,172 contracts trading.

Unusual Options Activity

SUPER MICRO COMPUTER INC jumped 13% on Friday. Shares of the server maker have risen for three straight sessions and the stock has risen 24% over the period, according to Dow Jones Market Data. The company issued a fiscal second-quarter business update Tuesday. While its near-term revenue outlook was a bit soft, longer-term sales guidance was well above analysts' expectations.

There are 1.55 million SUPER MICRO COMPUTER INC option contracts traded on Friday, up 61% from the previous trading day. Call options account for 65% of overall option trades. Particularly high volume was seen for the $47 strike call option expiring Feb. 14, with 108,606 contracts trading.

TOP Bullish & Bearish Single Stocks

This report shows stocks with the highest volume of bullish and bearish activity by option delta volume, which converts option volume to an equivalent stock volume (bought or sold).

If we take the total positive option delta volume and subtract the total negative option delta volume, we will get the net imbalance. If the net imbalance is positive, there is more bullish pressure. If the net is negative, there is more bearish pressure.

Based on option delta volume, traders sold a net equivalent of -3,581,350 shares of Intel stock. The largest bearish delta came from selling calls. The largest delta volume came from the 21-Mar-25 Call, with traders getting short 2,543,814 deltas on the single option contract.

Top 10 bullish stocks: Johnson & Johnson, Super Micro Computer, Nvidia, SoundHound AI, Strategy, Palantir, Nebius, Tiger Brokers, DraftKings, Grab

Top 10 bearish stocks: Intel, Pacific Biosciences of California, Tesla, Ford, AMC, Starbucks, Atlassian, Plug Power, Coinbase, Cisco

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