Notable Wednesday Option Activity: NVDA, PLTR, AMZN
Heavy options activity centered on NVIDIA (NVDA) dominated Wednesday’s session, with 1.4 million contracts traded (≈137.7 million underlying shares), equal to about 89.4% of NVDA’s one‑month average daily volume. The most active package was the $202.50 April 22, 2026 call with 165,244 contracts (~16.5 million shares). Palantir (PLTR) and Amazon (AMZN) also saw outsized flows — PLTR with 406,168 contracts (≈40.6M shares, 81.9% of its avg daily volume) and a busy $150 April 24 call, and AMZN with 358,146 contracts (≈35.8M shares, 78% of its avg daily volume) led by a $255 April 22 call. Such concentrated option volumes can amplify short‑term volatility and create hedging flows (delta hedging) that affect underlying share liquidity and intraday price action.