[December 3 US Stock Options Leaderboard]

ADP employment data weakened, rate cut expectations rose, and US stocks were generally warm. Semiconductors and growth stocks continued to dominate volatility.
$Tesla(TSLA)$ Call had the highest turnover, mainly driven by active buying, with more leverage being added at high levels. On one hand, expectations for US robotics/Robotaxi policies and optimism about improved shipments to China pushed up the stock price; on the other hand, declining European sales and valuation concerns raised by Michael Burry and others weighed on sentiment.
👉 Strategy: If holding the underlying, use slightly out-of-the-money covered calls for 1–3 months to reduce volatility; bullish but wary of pullbacks, use a March bull call spread instead of short-term naked calls.
$NVIDIA(NVDA)$ Calls ranked among the top, with slight net buying. The price hovered around the 50-day moving average, with more high-level position rotations rather than a consensus sell-off. Congress excluded new clauses restricting its overseas shipments; negotiations with OpenAI for a multi-billion dollar partnership are ongoing. Multiple brokerages continue to emphasize the AI leader logic, but export controls and valuation remain constraints.
👉 Strategy: For a medium-term bullish view, prioritize 3–6 month Bull Put Spreads (sell slightly out-of-the-money Put, buy lower Put) to earn time value while controlling for extreme downside.
$Intel(INTC)$ Calls had a high proportion but were net sold overall, indicating that some bulls took profits after the rally. Recently, the stock rebounded strongly due to a combination of potential Apple M series foundry orders, Malaysia expansion, government and SoftBank/NVIDIA investments, and the official decision to retain the NEX business, reinforcing the AI + edge computing integration story.
👉 Strategy: Limited upside after the rally; consider 1–3 month Call Credit Spreads (sell higher strike Call, buy even higher strike Call) to express an “optimistic but not aggressive” view. For those who really want to get in, sell long-dated, out-of-the-money Puts in batches as discounted limit orders. #OptionsFlow