Today is June options expiry day — a triple-witching event affecting major names across tech and healthcare.
NVDA carries the deepest options chain of any stock today. It has 29 active expiry dates stretching out to September 18. That density reflects outsized trader interest. Chip stocks fell last week, then rebounded sharply — creating fertile ground for near-term swing trades. Options open interest around the June 18 and June 30 expiries is particularly heavy.
TSLA is under fresh pressure this morning. Reuters reported the company gave European regulators misleading Full Self-Driving safety data. The stock has 25 active expiry dates today. ORTEX scores show Tesla's momentum ticked up to 58 in June — but the FSD story could flip sentiment fast. Put interest in near-dated contracts looks elevated.
UNH has a tighter options chain — 14 expiry dates, nothing weekly. That suggests institutional rather than retail positioning. Healthcare debate is back in focus after Mark Cuban pushed new policy proposals this morning. Policy uncertainty tends to push up put skew on managed care names.
TSEM surged around 5% premarket. Tower Semiconductor has only 9 expiry dates available. Thin options liquidity means even modest call buying can move implied volatility sharply on days like this.
With energy prices easing on Iran deal hopes and gold hitting six-month lows, macro hedgers are rotating. Broad market put demand via SPY may ease — but single-stock volatility looks set to stay elevated through the June 18 and June 30 cluster.
This article is not financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
