Open Interest Increases: NVIDIA, Tesla, Palantir, and Pinduoduo Lead Growth

Thursday's option volume of 49.9 million contracts resulted in net open interest growth of 4.81 million calls and 4.14 million puts. NVIDIA (NVDA), Tesla (TSLA), Palantir Technologies (PLTR) and Pinduoduo (PDD) saw the greatest growth. Top new positions opened include 50k NVIDIA (NVDA) Sep-25 172.5 calls, 50k PG&E (PCG) Sep-25 13 puts, and 41k Hewlett Packard Enterprise (HPE) Nov-25 24.01 calls.

Thursday's option volume of 49.9 million contracts resulted in a net open interest growth of 4.81 million calls and 4.14 million puts, with NVIDIA (NVDA), Tesla (TSLA), Palantir Technologies (PLTR), and Pinduoduo (PDD) seeing the greatest growth. Top new positions opened include 50k NVIDIA (NVDA) Sep-25 172.5 calls, 50k PG&E (PCG) Sep-25 13 puts, and 41k Hewlett Packard Enterprise (HPE) Nov-25 24.01 calls.

WeRide's Technological Breakthrough

WeRide (WRD), an autonomous driving company backed by NVIDIA (NVDA), has announced a significant milestone with the unveiling of WePilot AiDrive, a revolutionary one-stage end-to-end advanced driver-assistance system (ADAS). This breakthrough integrates sensing and decision-making into a unified architecture, enabling vehicles to "see and act" simultaneously, mimicking skilled human drivers [1].

The technology, developed in partnership with Tier 1 supplier Bosch, has completed core function validation and is expected to enter mass production later in 2025. WePilot AiDrive showcases remarkable capabilities across complex scenarios, including lane changes in heavy traffic, navigation around unplanned construction, and intricate interactions with pedestrians and obstacles in urban environments [1].

WeRide's technical advantages are compelling, with a scalable computing architecture that runs on high-performance platforms while scaling down to mid- and low-power setups through model distillation. The system supports both pure vision and multi-sensor fusion configurations, providing flexibility that Tesla's camera-only approach lacks [1].

Hewlett Packard Enterprise's AI and Networking Potential

Morgan Stanley has upgraded Hewlett Packard Enterprise (HPE) to overweight, citing potential growth in AI and networking sectors following the Juniper Networks acquisition. The upgrade comes on the heels of the acquisition and growing optimism about HPE's potential in AI and networking [2].

The acquisition has substantially boosted HPE's presence in the networking sector and increased its exposure to AI technologies. Morgan Stanley's thesis suggests an 18% upside to FY26 Consensus EPS, with earnings per share projected to grow to $2.70-3.00 in FY27 [2].

Several potential catalysts could drive HPE's stock performance in the near term, including Q3 results and the company's analyst day in October [2]. Morgan Stanley's research indicates healthy enterprise spending across the board, particularly in AI compute and networking-related products, boding well for HPE's strengthened position in these sectors [2].

Investment Implications

WeRide's technological breakthrough and HPE's acquisition of Juniper Networks have positioned both companies as leaders in their respective fields, driving significant option volume and analyst interest. Investors should closely monitor these companies' developments, especially in the context of growing demand for AI and autonomous driving technologies.

References

[1] https://www.barchart.com/story/news/34336961/this-nvidia-backed-stock-just-announced-a-new-technical-breakthrough-that-could-rival-tesla

[2] https://theoutpost.ai/news-story/morgan-stanley-upgrades-hewlett-packard-enterprise-on-ai-and-networking-potential-19381/