Big option order | the trading volume of Amazon and Meta options has soared! Amazon Q1 results exceeded expectations

I. Market Overview (26 April)

The s & p 500 rose nearly 2 per cent as tech giants such as Microsoft and Meta joined forces to deliver eye-catching results. According to statistics, this is also the biggest increase since January 6 this year. By the close, the S & P 500 was up 1.96% at 4135.35, the NASDAQ was up 2.43% at 12142.24, and the Dow Jones Industrial average was up 1.57% at 33826.16.

The total trading volume in the options market was 41.7311 million contracts, up slightly from the previous day (38.2827 million contracts) and higher than the 90-day average (40.2015 million contracts), with call options accounting for 55 per cent.

2. Total option turnover TOP10

The S & P ETF options traded 8.802 million contracts, of which call options accounted for 43%; the Nasdaq 100ETF options traded 3.225 million contracts, of which call options accounted for 40.6%

Amazon closed up more than 4% overnight, with 2.101 million options traded, up more than 165% from the previous day, of which call options accounted for 65.7%. After the US stock market, Amazon released a comprehensive Q1 earnings report that exceeded expectations, but after the earnings meeting, the market worried that its AWS growth rate had stalled, causing a huge shock in after-hours share prices.

Meta Platforms closed up nearly 14% overnight, with 1.217 million options traded, up more than 80% from the previous day, with call options accounting for 54.8%. After Meta released the latest results, revenue unexpectedly reversed three consecutive quarters of decline in the first quarter, and Zuckerberg praised AI as a boost.

III. Observation of abnormal movements

Petrobras traded 2.334 million options, nearly 38 times more than the 90-day average, of which call options accounted for more than 97%. On the news side, Petrobras will pay a dividend of 0.55597USD per share on April 28th, 2023.

Snap closed up more than 6% overnight, with 594300 options traded, more than 4 times more than the 90-day average, of which 65.5% were accounted for by call options. After the US stock market opened, the results of the first quarter were lower than expected. The results showed that the first quarter revenue was lower than expected, the second quarter performance guidance was not good, and the after-hours share price plummeted more than 18%.

Intel closed up nearly 3 per cent overnight, with 423500 options traded, more than twice the 90-day average, with call options accounting for 59.6 per cent. Intel Midea shares released first-quarter results after trading, which showed poor results in the first quarter, but optimistically expected a recovery in the second half of the year, with shares up nearly 5 per cent in after-hours trading.