Although many investors were prepared for the markets to “Trick” them in October, they were delivered a “Treat” as all three major indices returned to their upward climb hitting all-time highs. 

There was much to talk and trade about in October.  Telsa market cap broke the $1 trillion mark.  Facebook is rebranding to Meta Platforms.  Apple earnings disappointed.  Discussions of Paypal to acquire Pinterest eventually faded.  And we continue to see frothiness in the SPAC markets.

Meme stock, AMC, falls out of the top 20 in October as Ford, Marathon, Affirm, RIOT Blockchain, Alphabet and Pinterest work their way back up.

Below are the top 20 underlying symbols based on the number of option trades in eOption accounts in October 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. Meta Platforms (FB)
5. Apple (AAPL)
6. Nvidia (NVDA)
7. Microsoft (MSFT)
8. S&P 500 Index Weeklies (SPXW)
9. Advanced Micro Devices (AMD)
10. Amazon (AMZN)
11. iPath S&P 500 Short Futures ETN (VXX)
12. Alibaba (BABA)
13. Ford (F)
14. Marathon Digital Holdings (MARA)
15. Affirm Holdings (AFRM)
16. SNAP
17. Riot Blockchain (RIOT)
18. Exxon Mobile (XOM)
19. Alphabet (GOOGL)
20. Pinterest (PINS)

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.

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