SK Hynix Options Debut with 150,000 Contracts Traded on Tuesday

SK Hynix options began trading on Tuesday, with around 150,000 contracts exchanged by midday. The stock surged over 20% on the same day, but the enthusiasm for options was muted compared to single-stock ETFs and leveraged funds, which drew speculative interest away. While more call options were traded than puts, the predominant trades were bearish, particularly selling calls. The trading of SK Hynix (SK) options is expected to increase once weekly options become available, making it relevant for investors monitoring trading volumes.