Mrzorro
12-19 09:25

Options Market Statistics: Micron Rallies 10% on Earnings Beat and Robust Outlook


$Micron Technology(MU)$   entered the actives as a new addition with a bearish put/call ratio of 0.76 and a high IV rank of 39.32%, reflecting downside caution as volume hit 0.74 million contracts against 2.02 million in open interest. Shares rocketed 10% after the memory-chip specialist delivered Q1 results that far exceeded Wall Street forecasts and provided upbeat forward outlook, offering some relief to jittery investors amid worries over inflated AI valuations, though questions linger about the sustainability of massive spending by major tech players.  


$NVIDIA(NVDA)$   ranked second with a neutral put/call ratio of 0.81 and a low IV rank of 9.18%, indicating tempered volatility bets as volume reached 2.77 million contracts versus 20.88 million in open interest. Shares rose 1.9% as U.S. benchmarks climbed intraday, buoyed by cooler-than-expected consumer inflation data and Micron's strong performance.  


$Tesla Motors(TSLA)$   led overall volume with a neutral put/call ratio of 0.67 and a low IV rank of 8.02%, suggesting balanced positioning as volume totaled 2.96 million contracts against 8.50 million in open interest. Shares advanced 3.5% in line with the positive market tone, further supported by reports that affiliated xAI aims to scale GPUs to 1 million units with annual funding of $20-30 billion, targeting general artificial intelligence by 2026.


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