【August 4th US Stock Options Rankings】
$Palantir(PLTR)$ announced its Q2 earnings last night: Revenue surpassed $1 billion for the first time, and EPS of 16 cents exceeded expectations, while also raising its full-year guidance. After-hours stock price rose by as much as 5%. Before the earnings announcement, the intraday Call trading volume was $46.13 million, but there was a net sell of $1.34 million (B:S 0.7:1), indicating some funds chose to ‘cash out before the earnings report.’ If optimistic about the post-earnings momentum, one could consider a Call calendar spread for the same strike price in August/September, to capture the near-month IV decline and continued momentum in the next month’s stock price.
$Nvidia(NVDA)$ recorded Call transactions of $39 million on the same day, with a net buy of $4.19 million (B:S 1.7:1), and several major institutions raised their target price to $200, maintaining an upward outlook.
The complete list is available in the poster, feel free to check it out. #OptionsFlow