Market Overview

U.S. stocks ended higher on Monday(Apr. 14), with Apple giving the S&P 500 a strong boost as the White House exempted smartphones and computers from new tariffs.

Regarding the options market, a total volume of 45,922,462 contracts was traded.

Top 10 Option Volumes

Top 10: Nvidia, Tesla, Apple, Palantir, Amazon, Strategy, Meta, Intel, Ford, AMD

Apple stock rose 2.2% Monday on news that smartphones, laptops and other electronics had received an exemption from U.S. reciprocal tariffs. But the Trump administration described the exemption as temporary.

There are 1.75 million Apple option contracts traded on Monday. Call options account for 59% of overall option trades. Particularly high volume was seen for the $215 strike call option expiring Apr. 17, with 87,696 contracts trading. $AAPL 20250417 215.0 CALL$

Palantir Technologies Inc. stock surged 4.6% Monday on news that the North Atlantic Treaty Organization would use the company’s artificial intelligence-enabled software to modernize its war-fighting capabilities.

There are 728.06K Palantir Technologies Inc. option contracts traded on Monday. Call options account for 62% of overall option trades. Particularly high volume was seen for the $100 strike call option expiring Apr. 17, with 52,196 contracts trading. $PLTR 20250417 100.0 CALL$

Unusual Options Activity

The Metals Company stock rose 45% on Monday following a report that U.S. President Donald Trump was considering an executive order enabling the stockpiling of deep-sea metals.

There are 97.58K The Metals Company option contracts traded on Monday. Call options account for 84% of overall option trades. Particularly high volume was seen for the $2.5 strike call option expiring Apr. 17, 2025, with 33,833 contracts trading. The $2.5 strike call option expiring this Thursday surged 740% on Monday. $TMC 20250417 2.5 CALL$

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 bought a net equivalent of 381,500 shares of Alibaba stock. The largest bullish delta came from buying calls. The largest delta volume came from the 17-Apr-25 120 Put, with traders getting long 132,767 deltas on the single option contract.

Top 10 bullish stocks: Galectin Therapeutics, Palantir, BP, Barrick Gold, Alibaba, Kinross, Bank of America, Nvidia, Occidental, Nike

Top 10 bearish stocks: Meta, Tesla, KE Holdings, Apple, Snap, Amazon, Petroleo Brasileiro, Wells Fargo, American Airlines, Mara Holdings

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