TechFlow News, July 14, options on SK Hynix American Depositary Receipts (ADR) began trading on Tuesday on U.S. options exchanges. As of 10:25 a.m. New York time, option trading volume reached approximately 33,000 contracts, with more than two-thirds concentrated in short-term options expiring this Friday. The most actively traded were call options with a strike price of $185, with a volume of about 2,900 contracts, followed by put options with a strike price of $145.
Additionally, call options expiring in August with a strike price of $200 were also popular, with volume exceeding 1,500 contracts. Daniel Kirsch, head of options business at Piper Sandler, stated that traders are expected to actively position for short-term trades betting on SK Hynix ADR continuing to rise this week. "We expect demand for short-dated, bullish-direction options to be very strong, especially for call options expiring this Friday, and retail investors are likely to rush into this product quickly," he said. (Jin10)
