As the holiday season approaches, markets volatility leaves some to be thankful for financially in the month of November.  Most major indices were in the negative territory with the discovery and uncertainty of the “omicron” COVID variant.  We saw daily swings, risk on/risk off, re-opening/lockdown creating opportunity in the options market.

As expected, big tech remains the popular trade at eOption.  Electric Vehicles (EV) gets a lot of respect with Tesla, NIO, Lucid & Ford all in the top 20 this month.  

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

1. SPDR S&P 500 ETF (SPY)
2. Tesla (TSLA)
3. Invesco QQQ Trust (QQQ)
4. Apple (AAPL)
5. Nvidia (NVDA)
6. Alphabet (GOOGL)
7. Advanced Micro Devices (AMD)
8. Meta Platforms (FB)
9. iShares Russell 2000 (IWM)
10. Amazon (AMZN)
11. Quallcomm (QCOM)
12. Microsoft (MSFT)
13. S&P 500 Index Weeklies (SPXW)
14. Alibaba (BABA)
15. Marathon Digital Holdings (MARA)
16. iPath S&P 500 Short Futures ETN (VXX)
17. Moderna (MRNA)
18. Nio Inc. (NIO)
19. Lucis Group (LCID)
20. Ford (F)

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.