April again saw gains across all major indices continuing the trend and hitting all-time highs. Big Tech continues to be the popular trade at eOption (AAPL, TSLA, MSFT, AMZN, FB). Square (SQ), Crowd Strike (CRWD) and Snapchat (SNAP) enter the top 20 in April while meme stocks, AMC and GameStop fall out.   

Below are the top 20 underlying symbols based on the number of option trades in eOption accounts in April 2021. Note that we do not make trade recommendation but are sharing this for your interest.

1. SPDR S&P 500 ETF (SPY)
2. Apple (AAPL)
3. Invesco QQQ Trust (QQQ)
4. Tesla (TSLA)
5. S&P 500 Index Weeklies (SPXW)
6. iPath S&P 500 Short Futures ETN (VXX)
7. Microsoft (MSFT)
8. Nio (NIO)
9. Amazon (AMZN)
10. Netflix (NFLX)
11. Nvidia (NVDA)
12. Alibaba (BABA)
13. Boeing (BA)
14. Facebook (FB)
15. Advanced Micro Devices (AMD)
16. Square (SQ)
17. Draft Kings (DKNG)
18. Palantir Technologies (PLTR)
19. Crowd Strike (CRWD)
20. Snapchat (SNAP)

Markets are closely watching impact of re-entry as the US attempts to find new normal after the pandemic. Stay informed. Trade well.

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This information provided for general informational purposes only and should not be considered recommendations or advice by eOption.

Options trading involves risk and is not suitable for all investors. Options trading privileges are subject to eOption review and approval.  Please review the Characteristics and Risks of Standardized Options brochure and  the Supplement before you begin trading options.