Top 25 Stocks by Option Premium
Individual stocks with the most options activity by premium traded. High liquidity translates to tighter bid-ask spreads and lower trading costs. Data as of March 30th, 2026.
| Rank | Ticker | Name | Total Premium | Call Premium | Put Premium |
|---|---|---|---|---|---|
| 1 | TSLA | Tesla Inc | $2.26B | $1.01B | $1.25B |
| 2 | MSFT | Microsoft Corp | $2.17B | $204M | $1.97B |
| 3 | NVDA | NVIDIA Corp | $1.57B | $1.10B | $474M |
| 4 | MU | Micron Technology Inc | $1.19B | $524M | $668M |
| 5 | META | Meta Platforms Inc | $874M | $296M | $578M |
| 6 | AMD | Advanced Micro Devices | $496M | $369M | $126M |
| 7 | SNDK | Sandisk Corp | $335M | $194M | $142M |
| 8 | GOOGL | Alphabet Inc | $269M | $97M | $172M |
| 9 | AMZN | Amazon.com Inc | $265M | $127M | $138M |
| 10 | AVGO | Broadcom Inc | $250M | $107M | $143M |
| 11 | GOOG | Alphabet Inc | $225M | $91M | $134M |
| 12 | COIN | Coinbase Global Inc | $216M | $30M | $186M |
| 13 | AAPL | Apple Inc | $202M | $116M | $85M |
| 14 | PLTR | Palantir Technologies Inc | $177M | $93M | $84M |
| 15 | TSM | Taiwan Semiconductor Manufacturing | $170M | $77M | $93M |
| 16 | MSTR | Strategy Inc | $157M | $72M | $85M |
| 17 | HOOD | Robinhood Markets Inc | $131M | $74M | $57M |
| 18 | ASTS | AST SpaceMobile, Inc. | $110M | $47M | $63M |
| 19 | LITE | Lumentum Holdings Inc. | $107M | $73M | $34M |
| 20 | XOM | Exxon Mobil Corp | $99M | $79M | $21M |
| 21 | INTC | Intel Corp | $92M | $60M | $32M |
| 22 | BE | Bloom Energy Corporation | $87M | $31M | $56M |
| 23 | NBIS | Nebius Group N.V. | $87M | $54M | $32M |
| 24 | CRWV | CoreWeave, Inc. | $87M | $31M | $55M |
| 25 | ORCL | Oracle Corp | $84M | $36M | $48M |
Top 10 ETFs by Option Premium
Index and sector ETFs with the most active options markets. Data as of March 30th, 2026.
| Rank | Ticker | Name | Total Premium | Call Premium | Put Premium |
|---|---|---|---|---|---|
| 1 | SPY | SPDR S&P 500 ETF | $4.46B | $1.29B | $3.17B |
| 2 | QQQ | Invesco QQQ Trust | $2.39B | $745M | $1.65B |
| 3 | IWM | iShares Russell 2000 ETF | $516M | $102M | $414M |
| 4 | GLD | SPDR Gold Shares | $366M | $175M | $190M |
| 5 | USO | United States Oil Fund | $277M | $165M | $112M |
| 6 | SMH | VanEck Semiconductor ETF | $182M | $56M | $126M |
| 7 | SLV | iShares Silver Trust | $137M | $80M | $57M |
| 8 | SOXL | Direxion Daily Semiconductor Bull 3X | $83M | $48M | $35M |
| 9 | TQQQ | ProShares UltraPro QQQ | $80M | $41M | $39M |
| 10 | IBIT | iShares Bitcoin Trust ETF | $73M | $36M | $38M |
Why Trade Liquid Options?
Liquidity is one of the most important factors when selecting which options to trade, especially for active trading. High liquidity means:
- Tighter spreads: Less money lost to bid-ask spread when entering and exiting positions.
- More reliable execution: Orders fill at prices closer to the midprice, especially on larger orders.
- Better pricing: More market maker competition leads to more efficient, accurate pricing.
A liquid option might have a $0.01 spread ($0.99 bid / $1.00 ask), while an illiquid one could be $0.20 wide ($0.90 bid / $1.10 ask) — a 20x difference in cost just to enter and exit.
Methodology
Total premium traded is calculated as the sum of (option price × volume × 100) for all contracts traded during the measurement period. Data updates daily and shows cumulative premium from the most recent trading session. Rankings exclude cash-settled index products (SPX, VIX, NDX, RUT, etc.).
Data updates daily. The table shows cumulative premium from the most recent day of trading activity.