Option Movers | Meta Calls Make up 77.9% of Volume, Surging over 1000%; IREN Options Volume Nearly Triples-To The Moon - Tiger Brokers Online Investing Community

Option Movers | Meta Calls Make up 77.9% of Volume, Surging over 1000%; IREN Options Volume Nearly Triples

Meta Platforms traded 1.2089 million contracts that day, with call options accounting for 77.9% of the total, and many call orders surging by over 1000%; IREN Ltd traded 716,600 contracts that day, nearly three times the 90-day average.

May 27, Rising healthcare and consumer stocks lifted the Dow Jones Industrial Average on Wednesday to a record closing high, while the S&P 500 and the Nasdaq were steady, as investors took a pause from the AI-led rally while cautiously watching Middle East peace talks.Fractional gains were enough to push the S&P 500 index and Nasdaq to closing record highs for the second day in a row.

Source: Tiger Trade

Regarding the options market, a total volume of 58,524,798 contracts was traded, of which 63% were call options.

Source: Market Chameleon

Top 10 Option Volumes

Top 10: $NVIDIA(NVDA)$, $Tesla Motors(TSLA)$, $Meta Platforms, Inc.(META)$, $Apple(AAPL)$, $Micron Technology(MU)$, $Amazon.com(AMZN)$, $IREN Ltd(IREN)$, $Microsoft(MSFT)$, $Nokia Oyj(NOK)$, $Intel(INTC)$

Source: Tiger Trade App

Meta Platforms rose nearly 4% after announcing the official launch of a subscription system covering Meta AI, Instagram, Facebook, and WhatsApp, aiming to open up new revenue streams beyond advertising.

In options trading, Meta Platforms saw 1.2089 million contracts traded, more than double the 90-day average. Call options accounted for 77.9% of the volume, with call options expiring on May 27th at a strike price of $620 being the most traded, exceeding 56,000 contracts. Furthermore, looking at the options chain, several call orders for Meta Platforms surged by over 1000% on the day.

$META 20260527 620.0 CALL$

Source: Market Chameleon

Source: Tiger Trade

Unusual Options Activity

Source: Market Chameleon

IREN Ltd jumped over 13% after announcing an agreement to purchase Nvidia's air-cooled Blackwell systems from Dell for approximately $1.6 billion, aiming to deploy more computing power to meet the growing demand for artificial intelligence.

In terms of options, IREN Ltd traded 716,600 contracts on the day, nearly three times the 90-day average. Call options accounted for 66.2% of the total, with call options expiring on May 29 at a strike price of $65 being the most traded, with over 70,000 contracts traded.

$IREN 20260529 65.0 CALL$

Source: Market Chameleon

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$(META)$ $(IREN)$ $Direxion Daily META Bull 2X ETF(METU)$ $GraniteShares 2x Long META Daily ETF(FBL)$ $Direxion Daily META Bear 1X Shares(METD)$ $YieldMax META Option Income Strategy ETF(FBY)$ $Roundhill META WeeklyPay™ ETF(METW)$ $GraniteShares YieldBOOST META ETF(FBYY)$ $Defiance Daily Target 2X Long IREN ETF(IRE)$ $Tradr 2X Short IREN Daily ETF(IREZ)$ $Tradr 2X Long IREN Daily ETF(IREX)$ $Leverage Shares 2x Long IREN Daily ETF(IREG)$

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