Rise of New Nvidia, Tesla Options Echoes S&P 500’s 0DTE Surge

Traders are embracing newly launched options that make it easier to place short-term bets on mega-cap technology stocks.

In late January, US options exchanges started listing new contracts that straddle the difference between daily and weekly options offerings on the Magnificent 7 stocks, a group that includes Nvidia Corp., Amazon.com Inc., Apple Inc., and Tesla Inc.

The options expire on every Monday and Wednesday, as part of a Nasdaq Inc.-led effort to give traders more tools to hedge or speculate on moves in stocks. They’re listed two weeks before the expiration date.

On Monday, the most-active ...