Markets were volatile in May ending up mixed at month-end with the Dow gaining 1.7%, S&P up .6% and Nasdaq losing 1.4%.  Technology continues to be a popular trade at eOption (AAPL, TSLA, MSFT, AMZN, FB, SQ, CRWD, SNAP).  Meme stock, AMC, returns to the top 20 along with GLD, IWM and ABNB.  Netflix, Alibabi, Square and Draft Kings fall out of the top 20 list in May.

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

1. SPDR S&P 500 ETF (SPY)
2. Invesco QQQ Trust (QQQ)
3. Tesla (TSLA)
4. Apple (AAPL)
5. iPath S&P 500 Short Futures ETN (VXX)
6. S&P 500 Index Weeklies (SPXW)
7. Amazon (AMZN)
8. Advanced Micro Devices (AMD)
9. Boeing (BA)
10. Facebook (FB)
11. Palantir Technologies (PLTR)
12. Nvidia (NVDA)
13. Nio (NIO)
14. Snapchat (SNAP)
15. AMC Entertainment (AMC)
16. Microsoft (MSFT)
17. Crowd Strike (CRWD)
18. SPDR Gold Shares (GLD)
19. iShares Russell 2000 ETF (IWM)
20. Airbnb (ABNB)

Markets continue to follow the impact of re-entry (ABNB, BA) 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.