[November 14th US Stock Options Leaderboard]

$Coinbase Global(COIN)$​ The trading volume of Put ranked first at $1.482 billion, and in November 2025, there were super large orders of 520/500/430 P, traded at MID, resembling long-tail risk control rather than pure directional bets. The sector has been under pressure for the past 7 days, with BTC hitting a 6-month low; the company has voted to move its legal registration from Delaware to Texas. Strategy: Prefer to use a 30–60 day bear put spread / collar to lock in retracement; if neutral to slightly bullish, consider selling 20–25% OTM short-term P (margin-friendly) to hedge volatility with premiums.
$Tesla(TSLA)$​ tops the bullish transaction volume chart, with Calls accounting for 71.18%, net buying of $2.8615 million, and a B:S ratio of 1.3:1, indicating a bullish sentiment but with average intensity. On the same day, the company released a more detailed FSD safety report and is testing CarPlay to address sales pressure, with the stock price fluctuating over the past week. Strategy: Bullish options with a 30–45 day bull call spread; holders can sell 10 Delta far out-of-the-money P to collect rent; those concerned about volatility can use an 11–12 month Call calendar spread to bet on a decline in implied volatility.
$NVIDIA(NVDA)$ Call accounted for 72.14%, but the net activity was sell-side $5.6783 million (suspected covered call), consistent with the funds' "reducing volatility" and hedging before the earnings report; after a sharp intraday shake, it recovered its losses. Strategy: focus on neutral premium collection before the earnings report — narrow iron butterfly / wide straddle paired with Delta hedging; aggressors make 11/12 month Call calendar spreads, betting on implied volatility drop and directional timing again. #OptionsFlow