Trexquant Investment Lp Portfolio Stock Holdings
Trexquant Investment Lp disclosed 1577 stock positions valued at approximately $13.8 billion in its latest SEC 13F filing. The largest holdings include NVIDIA CORPORATION, APPLE INC, and MICROSOFT CORP. The filing reflects positions held as of March 31, 2026 and was filed on May 15, 2026.
- Report Period
- March 31, 2026
- No. of Stocks
- 1577
- Portfolio Value
- $13.8B
Holdings by Sector
Trexquant Investment Lp Portfolio Holdings in Q1 2026
1459 holdings in the latest reporting period.
Page 1 of 15
| Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | Technology | 2.98% | 2,360,168 | +723,881 | +44.24% | $411,613,299 |
| APPLE INC | AAPL | Technology | 2.13% | 1,157,666 | +195,037 | +20.26% | $293,804,054 |
| MICROSOFT CORP | MSFT | Technology | 1.73% | 644,851 | +293,576 | +83.57% | $238,704,495 |
| MICRON TECHNOLOGY INC | MU | Technology | 1.37% | 559,549 | +408,536 | +270.53% | $189,038,034 |
| AMAZON COM INC | AMZN | Consumer Cyclical | 1.35% | 897,318 | +180,808 | +25.23% | $186,884,420 |
| TESLA INC | TSLA | Consumer Cyclical | 1.13% | 420,709 | +240,854 | +133.92% | $156,398,571 |
| BROADCOM INC | AVGO | Technology | 1.10% | 492,830 | +253,656 | +106.06% | $152,535,813 |
| ALPHABET INC | GOOGL | Communication Services | 1.02% | 490,314 | +114,477 | +30.46% | $140,994,694 |
| CITIGROUP INC | C | Financial Services | 0.84% | 1,024,876 | +939,911 | +1106.23% | $116,231,187 |
| PALANTIR TECHNOLOGIES INC | PLTR | Technology | 0.84% | 791,302 | +243,779 | +44.52% | $115,751,657 |
| PEPSICO INC | PEP | Consumer Defensive | 0.70% | 624,161 | +385,300 | +161.31% | $96,925,962 |
| ACCENTURE PLC IRELAND | ACN | Technology | 0.63% | 438,426 | +386,139 | +738.50% | $86,935,492 |
| ALPHABET INC | GOOG | Communication Services | 0.61% | 292,964 | +45,211 | +18.25% | $84,039,653 |
| CHIPOTLE MEXICAN GRILL INC | CMG | Consumer Cyclical | 0.57% | 2,471,562 | +2,410,548 | +3950.81% | $79,114,700 |
| ELI LILLY & CO | LLY | Healthcare | 0.57% | 84,926 | +54,285 | +177.16% | $78,112,387 |
| JOHNSON & JOHNSON | JNJ | Healthcare | 0.51% | 288,352 | -53,052 | -15.54% | $70,484,763 |
| HERSHEY CO | HSY | Consumer Defensive | 0.50% | 334,866 | +330,186 | +7055.26% | $69,615,293 |
| COPART INC | CPRT | Industrials | 0.50% | 2,064,558 | +1,416,355 | +218.50% | $68,543,326 |
| LAS VEGAS SANDS CORP | LVS | Consumer Cyclical | 0.46% | 1,189,580 | +80,634 | +7.27% | $64,094,570 |
| ROSS STORES INC | ROST | Consumer Cyclical | 0.46% | 295,564 | +2,917 | +1.00% | $64,028,029 |
| FIVE BELOW INC | FIVE | Consumer Cyclical | 0.46% | 279,240 | +90,938 | +48.29% | $63,800,755 |
| INTUIT | INTU | Technology | 0.46% | 146,201 | +146,201 | +100.00% | $63,214,388 |
| GENERAL MTRS CO | GM | Consumer Cyclical | 0.46% | 848,439 | +580,945 | +217.18% | $63,208,706 |
| BERKSHIRE HATHAWAY INC DEL | BRK-B | Financial Services | 0.42% | 122,319 | +64,043 | +109.90% | $58,615,265 |
| CAPITAL ONE FINL CORP | COF | Financial Services | 0.42% | 320,846 | +254,302 | +382.16% | $58,531,936 |
| ARISTA NETWORKS INC | ANET | Other | 0.42% | 471,701 | +324,108 | +219.60% | $57,915,449 |
| GE AEROSPACE | GE | Industrials | 0.41% | 201,970 | +52,921 | +35.51% | $57,313,027 |
| HONEYWELL INTL INC | HON | Industrials | 0.41% | 253,532 | +220,191 | +660.42% | $57,305,838 |
| FEDEX CORP | FDX | Industrials | 0.40% | 155,938 | +46,631 | +42.66% | $55,541,997 |
| WELLS FARGO & CO | WFC | Financial Services | 0.40% | 688,585 | +688,585 | +100.00% | $54,818,252 |
| VERTIV HOLDINGS CO | VRT | Industrials | 0.39% | 216,744 | +173,672 | +403.21% | $54,311,712 |
| COCA COLA CO | KO | Consumer Defensive | 0.38% | 697,883 | +697,883 | +100.00% | $53,074,002 |
| SPOTIFY TECHNOLOGY S A | SPOT | Other | 0.38% | 106,989 | +106,989 | +100.00% | $51,880,036 |
| TOAST INC | TOST | Technology | 0.36% | 1,879,041 | +909,809 | +93.87% | $49,813,377 |
| FISERV INC | FI | Technology | 0.36% | 888,783 | +742,919 | +509.32% | $49,594,091 |
| CHEVRON CORPORATION | CVX | Energy | 0.36% | 239,545 | +21,999 | +10.11% | $49,561,861 |
| RTX CORPORATION | RTX | Industrials | 0.36% | 256,243 | +124,830 | +94.99% | $49,429,275 |
| ADOBE INC | ADBE | Technology | 0.35% | 200,539 | +24,545 | +13.95% | $48,747,020 |
| CENTENE CORP DEL | CNC | Healthcare | 0.35% | 1,475,466 | +803,182 | +119.47% | $48,306,757 |
| AMKOR TECHNOLOGY INC | AMKR | Technology | 0.35% | 1,066,184 | +1,066,184 | +100.00% | $48,010,266 |
| AUTOMATIC DATA PROCESSING IN | ADP | Technology | 0.34% | 230,705 | +168,047 | +268.20% | $46,874,642 |
| BANK AMERICA CORP | BAC | Financial Services | 0.33% | 938,177 | +938,177 | +100.00% | $45,736,129 |
| EQUIFAX INC | EFX | Industrials | 0.32% | 248,019 | +80,347 | +47.92% | $44,660,781 |
| TJX COS INC NEW | TJX | Consumer Cyclical | 0.32% | 279,479 | +54,037 | +23.97% | $44,632,796 |
| VEEVA SYS INC | VEEV | Healthcare | 0.32% | 252,336 | +252,336 | +100.00% | $44,325,342 |
| EDWARDS LIFESCIENCES CORP | EW | Healthcare | 0.32% | 547,076 | +532,685 | +3701.51% | $43,809,846 |
| KINROSS GOLD CORP | KGC | Basic Materials | 0.31% | 1,411,536 | +908,381 | +180.54% | $43,080,079 |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | Technology | 0.30% | 122,375 | +122,375 | +100.00% | $41,356,631 |
| WALMART INC | WMT | Consumer Defensive | 0.30% | 331,147 | +309,179 | +1407.41% | $41,154,949 |
| DOCUSIGN INC | DOCU | Technology | 0.29% | 854,863 | +592,607 | +225.97% | $40,529,055 |
| META PLATFORMS INC | META | Communication Services | 0.27% | 66,090 | -66,556 | -50.18% | $37,812,072 |
| JONES LANG LASALLE INC | JLL | Real Estate | 0.27% | 124,229 | +62,514 | +101.29% | $37,805,369 |
| SEA LTD | SE | Consumer Cyclical | 0.27% | 450,235 | +365,608 | +432.02% | $37,283,960 |
| SOFI TECHNOLOGIES INC | SOFI | Financial Services | 0.27% | 2,344,718 | +2,039,964 | +669.38% | $37,234,122 |
| SUNCOR ENERGY INC NEW | SU | Energy | 0.26% | 553,009 | +333,236 | +151.63% | $36,559,425 |
| NOVO-NORDISK A S | NVO | Healthcare | 0.26% | 982,773 | +785,722 | +398.74% | $36,116,908 |
| PAN AMERN SILVER CORP | PAAS | Basic Materials | 0.26% | 659,156 | +527,736 | +401.56% | $36,009,692 |
| AT&T INC | T | Communication Services | 0.26% | 1,241,952 | +1,241,952 | +100.00% | $36,004,188 |
| DARDEN RESTAURANTS INC | DRI | Consumer Cyclical | 0.26% | 183,310 | +92,231 | +101.26% | $35,936,092 |
| NIKE INC | NKE | Consumer Cyclical | 0.26% | 668,618 | +323,905 | +93.96% | $35,316,403 |
| FIRST MAJESTIC SILVER CORP | AG | Basic Materials | 0.25% | 1,623,426 | +1,011,552 | +165.32% | $34,871,190 |
| EQT CORP | EQT | Energy | 0.25% | 545,590 | +265,698 | +94.93% | $34,721,348 |
| LOCKHEED MARTIN CORP | LMT | Industrials | 0.25% | 57,205 | +27,107 | +90.06% | $34,574,130 |
| CVS HEALTH CORP | CVS | Healthcare | 0.25% | 478,879 | +478,879 | +100.00% | $34,393,090 |
| ILLINOIS TOOL WKS INC | ITW | Industrials | 0.25% | 131,326 | +63,331 | +93.14% | $34,182,845 |
| HOWMET AEROSPACE INC | HWM | Industrials | 0.25% | 147,196 | +127,381 | +642.85% | $33,922,790 |
| PUBLIC SVC ENTERPRISE GROUP | PEG | Utilities | 0.24% | 415,500 | +203,401 | +95.90% | $33,634,725 |
| CROWDSTRIKE HLDGS INC | CRWD | Technology | 0.24% | 85,494 | +63,472 | +288.22% | $33,377,713 |
| CHEWY INC | CHWY | Consumer Cyclical | 0.24% | 1,232,926 | +816,237 | +195.89% | $33,289,002 |
| DOORDASH INC | DASH | Communication Services | 0.24% | 221,024 | +221,024 | +100.00% | $33,186,754 |
| KINDER MORGAN INC DEL | KMI | Energy | 0.24% | 983,406 | -57,941 | -5.56% | $32,973,603 |
| SANDISK CORP | SNDK | Other | 0.24% | 51,715 | -22,300 | -30.13% | $32,856,608 |
| BLACKSTONE INC | BX | Financial Services | 0.24% | 282,672 | +197,823 | +233.15% | $32,504,453 |
| ROCKWELL AUTOMATION INC | ROK | Industrials | 0.23% | 88,721 | +88,721 | +100.00% | $31,840,192 |
| ARGAN INC | AGX | Industrials | 0.23% | 57,471 | -12,210 | -17.52% | $31,301,580 |
| SOUTHWEST AIRLS CO | LUV | Industrials | 0.22% | 820,690 | +496,853 | +153.43% | $30,833,323 |
| BARRICK MNG CORP | B | Other | 0.22% | 752,450 | +7,505 | +1.01% | $30,692,436 |
| AMPHENOL CORP | APH | Technology | 0.22% | 242,576 | +242,576 | +100.00% | $30,649,478 |
| CARNIVAL CORP | CCL | Consumer Cyclical | 0.22% | 1,170,594 | +668,317 | +133.06% | $30,294,973 |
| SEMPRA | SRE | Utilities | 0.22% | 311,052 | +156,388 | +101.11% | $30,224,923 |
| MASTEC INC | MTZ | Industrials | 0.21% | 92,112 | +92,112 | +100.00% | $29,636,115 |
| OREILLY AUTOMOTIVE INC | ORLY | Consumer Cyclical | 0.21% | 317,726 | +317,726 | +100.00% | $29,329,287 |
| INTUITIVE SURGICAL INC | ISRG | Healthcare | 0.21% | 63,614 | +38,633 | +154.65% | $29,325,418 |
| CHENIERE ENERGY INC | LNG | Energy | 0.21% | 101,285 | +29,294 | +40.69% | $28,740,632 |
| SERVICENOW INC | NOW | Technology | 0.20% | 270,074 | +167,530 | +163.37% | $28,236,237 |
| JPMORGAN CHASE & CO | JPM | Financial Services | 0.20% | 95,105 | -452 | -0.47% | $27,976,087 |
| GENERAL DYNAMICS CORP | GD | Industrials | 0.20% | 80,497 | -28,399 | -26.08% | $27,628,180 |
| EVERPURE INC | PSTG | Technology | 0.20% | 466,187 | +349,032 | +297.92% | $27,523,680 |
| STELLANTIS N.V | STLA | Other | 0.20% | 3,846,449 | +3,503,953 | +1023.06% | $27,271,323 |
| DOW HLDGS INC | DOW | Basic Materials | 0.20% | 652,312 | -258,545 | -28.38% | $27,168,795 |
| OLLIES BARGAIN OUTLET HLDGS | OLLI | Consumer Defensive | 0.20% | 294,758 | +199,965 | +210.95% | $27,129,526 |
| NUTRIEN LTD | NTR | Basic Materials | 0.20% | 357,371 | +266,222 | +292.07% | $26,967,216 |
| ROBLOX CORP | RBLX | Communication Services | 0.19% | 475,077 | -35,956 | -7.04% | $26,870,355 |
| DISNEY WALT CO | DIS | Communication Services | 0.19% | 276,342 | +234,011 | +552.81% | $26,633,842 |
| ROKU INC | ROKU | Communication Services | 0.19% | 279,755 | -58,223 | -17.23% | $26,470,418 |
| CBRE GROUP INC | CBRE | Real Estate | 0.19% | 194,033 | +96,960 | +99.88% | $26,283,710 |
| CREDO TECHNOLOGY GROUP HOLDI | G25457105 | Other | 0.19% | 279,322 | +279,322 | +100.00% | $26,219,956 |
| NATERA INC | NTRA | Healthcare | 0.19% | 130,479 | +69,592 | +114.30% | $26,094,495 |
| VISTRA CORP | VST | Utilities | 0.19% | 173,535 | -55,845 | -24.35% | $26,087,517 |
| BRISTOL-MYERS SQUIBB CO | BMY | Healthcare | 0.19% | 428,302 | -378,433 | -46.91% | $25,976,516 |
Trexquant Investment Lp Options Holdings in Q1 2026
138 options positions in the latest reporting period.
Page 1 of 2
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q1 2026 | MSFT | Microsoft Corporation | PUT | 9,300 | $3,442,581 |
| Q1 2026 | NVDA | NVIDIA Corporation | PUT | 19,100 | $3,331,040 |
| Q1 2026 | AAPL | Apple Inc. | PUT | 13,100 | $3,324,649 |
| Q1 2026 | NVDA | NVIDIA Corporation | CALL | 13,200 | $2,302,080 |
| Q1 2026 | GOOGL | Alphabet Inc. | PUT | 7,500 | $2,156,700 |
| Q1 2026 | AMZN | Amazon.com, Inc. | PUT | 9,700 | $2,020,219 |
| Q1 2026 | GOOG | Alphabet Inc. | PUT | 6,600 | $1,893,276 |
| Q1 2026 | MSFT | Microsoft Corporation | CALL | 4,900 | $1,813,833 |
| Q1 2026 | AAPL | Apple Inc. | CALL | 6,100 | $1,548,119 |
| Q1 2026 | AVGO | Broadcom Inc. | PUT | 4,800 | $1,485,648 |
| Q1 2026 | GOOGL | Alphabet Inc. | CALL | 5,000 | $1,437,800 |
| Q1 2026 | NFLX | Netflix, Inc. | PUT | 13,700 | $1,317,255 |
| Q1 2026 | GOOG | Alphabet Inc. | CALL | 4,300 | $1,233,498 |
| Q1 2026 | META | Meta Platforms, Inc. | PUT | 2,100 | $1,201,473 |
| Q1 2026 | MA | Mastercard Incorporated | PUT | 2,400 | $1,199,184 |
| Q1 2026 | AMZN | Amazon.com, Inc. | CALL | 5,300 | $1,103,831 |
| Q1 2026 | RTX | RTX Corporation | PUT | 5,500 | $1,060,950 |
| Q1 2026 | INTC | Intel Corporation | PUT | 23,900 | $1,054,707 |
| Q1 2026 | ORCL | Oracle Corporation | PUT | 6,500 | $956,215 |
| Q1 2026 | LRCX | Lam Research | PUT | 4,400 | $940,104 |
| Q1 2026 | GE | GE Aerospace | PUT | 3,200 | $908,064 |
| Q1 2026 | CRM | Salesforce, Inc. | PUT | 4,700 | $877,349 |
| Q1 2026 | UNH | UnitedHealth Group Incorporated | PUT | 3,200 | $865,888 |
| Q1 2026 | BRK-B | Berkshire Hathaway Inc. New | PUT | 1,800 | $862,560 |
| Q1 2026 | CAT | Caterpillar, Inc. | PUT | 1,200 | $850,152 |
| Q1 2026 | BKNG | Booking Holdings Inc. Common St | CALL | 200 | $842,064 |
| Q1 2026 | AMAT | Applied Materials, Inc. | PUT | 2,400 | $820,296 |
| Q1 2026 | PANW | Palo Alto Networks, Inc. | PUT | 5,100 | $817,632 |
| Q1 2026 | PGR | Progressive Corporation (The) | PUT | 4,100 | $812,784 |
| Q1 2026 | AVGO | Broadcom Inc. | CALL | 2,600 | $804,726 |
| Q1 2026 | IBM | International Business Machines | PUT | 3,300 | $799,887 |
| Q1 2026 | CI | The Cigna Group | PUT | 2,900 | $773,575 |
| Q1 2026 | ADP | Automatic Data Processing, Inc. | PUT | 3,800 | $772,084 |
| Q1 2026 | JCI | Johnson Controls International | PUT | 5,800 | $759,510 |
| Q1 2026 | DHR | Danaher Corporation | PUT | 4,000 | $758,400 |
| Q1 2026 | XOM | Exxon Mobil Corporation | PUT | 4,400 | $746,504 |
| Q1 2026 | META | Meta Platforms, Inc. | CALL | 1,300 | $743,769 |
| Q1 2026 | MU | Micron Technology, Inc. | PUT | 2,200 | $743,248 |
| Q1 2026 | KLAC | KLA Corporation | PUT | 500 | $736,205 |
| Q1 2026 | BX | Blackstone Inc. | CALL | 6,300 | $724,437 |
| Q1 2026 | CAT | Caterpillar, Inc. | CALL | 1,000 | $708,460 |
| Q1 2026 | ADBE | Adobe Inc. | PUT | 2,900 | $704,932 |
| Q1 2026 | FCX | Freeport-McMoRan, Inc. | PUT | 11,900 | $699,482 |
| Q1 2026 | UBER | Uber Technologies, Inc. | PUT | 9,600 | $690,528 |
| Q1 2026 | NOW | ServiceNow, Inc. | PUT | 6,600 | $690,030 |
| Q1 2026 | SPGI | S&P Global Inc. | PUT | 1,600 | $680,544 |
| Q1 2026 | FDX | FedEx Corporation | PUT | 1,900 | $676,742 |
| Q1 2026 | DE | Deere & Company | PUT | 1,200 | $675,960 |
| Q1 2026 | MU | Micron Technology, Inc. | CALL | 2,000 | $675,680 |
| Q1 2026 | VLO | Valero Energy Corporation | PUT | 2,700 | $667,116 |
| Q1 2026 | CRWD | CrowdStrike Holdings, Inc. | PUT | 1,700 | $663,697 |
| Q1 2026 | NEM | Newmont Corporation | PUT | 6,100 | $660,325 |
| Q1 2026 | PWR | Quanta Services, Inc. | PUT | 1,200 | $658,824 |
| Q1 2026 | WMT | Walmart Inc. | PUT | 5,200 | $646,256 |
| Q1 2026 | V | Visa Inc. | PUT | 2,100 | $634,704 |
| Q1 2026 | ABT | Abbott Laboratories | PUT | 6,100 | $626,287 |
| Q1 2026 | DIS | Walt Disney Company (The) | PUT | 6,400 | $616,832 |
| Q1 2026 | MCK | McKesson Corporation | PUT | 700 | $605,752 |
| Q1 2026 | INTU | Intuit Inc. | PUT | 1,400 | $605,332 |
| Q1 2026 | LMT | Lockheed Martin Corporation | PUT | 1,000 | $604,390 |
| Q1 2026 | KLAC | KLA Corporation | CALL | 400 | $588,964 |
| Q1 2026 | AMAT | Applied Materials, Inc. | CALL | 1,700 | $581,043 |
| Q1 2026 | QCOM | QUALCOMM Incorporated | CALL | 4,500 | $579,510 |
| Q1 2026 | ACN | Accenture plc | PUT | 2,900 | $575,041 |
| Q1 2026 | ADI | Analog Devices, Inc. | CALL | 1,800 | $572,652 |
| Q1 2026 | APH | Amphenol Corporation | CALL | 4,500 | $568,575 |
| Q1 2026 | IBM | International Business Machines | CALL | 2,300 | $557,497 |
| Q1 2026 | GLW | Corning Incorporated | PUT | 4,100 | $557,477 |
| Q1 2026 | STX | Seagate Technology | PUT | 1,400 | $548,464 |
| Q1 2026 | GE | GE Aerospace | CALL | 1,900 | $539,163 |
| Q1 2026 | BSX | Boston Scientific Corporation | PUT | 8,500 | $533,375 |
| Q1 2026 | CDNS | Cadence Design Systems, Inc. | PUT | 1,900 | $527,953 |
| Q1 2026 | SNPS | Synopsys, Inc. | CALL | 1,300 | $515,424 |
| Q1 2026 | WDC | Western Digital Corporation | CALL | 1,900 | $513,931 |
| Q1 2026 | ADI | Analog Devices, Inc. | PUT | 1,600 | $509,024 |
| Q1 2026 | APH | Amphenol Corporation | PUT | 4,000 | $505,400 |
| Q1 2026 | NFLX | Netflix, Inc. | CALL | 5,200 | $499,980 |
| Q1 2026 | MA | Mastercard Incorporated | CALL | 1,000 | $499,660 |
| Q1 2026 | PLTR | Palantir Technologies Inc. | PUT | 3,400 | $497,352 |
| Q1 2026 | GLW | Corning Incorporated | CALL | 3,600 | $489,492 |
| Q1 2026 | UNH | UnitedHealth Group Incorporated | CALL | 1,800 | $487,062 |
| Q1 2026 | BRK-B | Berkshire Hathaway Inc. New | CALL | 1,000 | $479,200 |
| Q1 2026 | CDNS | Cadence Design Systems, Inc. | CALL | 1,700 | $472,379 |
| Q1 2026 | LRCX | Lam Research | CALL | 2,200 | $470,052 |
| Q1 2026 | ACN | Accenture plc | CALL | 2,300 | $456,067 |
| Q1 2026 | ORCL | Oracle Corporation | CALL | 3,100 | $456,041 |
| Q1 2026 | FCX | Freeport-McMoRan, Inc. | CALL | 7,700 | $452,606 |
| Q1 2026 | QCOM | QUALCOMM Incorporated | PUT | 3,500 | $450,730 |
| Q1 2026 | SNPS | Synopsys, Inc. | PUT | 1,100 | $436,128 |
| Q1 2026 | BSX | Boston Scientific Corporation | CALL | 6,900 | $432,975 |
| Q1 2026 | ABT | Abbott Laboratories | CALL | 4,200 | $431,214 |
| Q1 2026 | STX | Seagate Technology | CALL | 1,000 | $391,760 |
| Q1 2026 | CRWD | CrowdStrike Holdings, Inc. | CALL | 1,000 | $390,410 |
| Q1 2026 | WDC | Western Digital Corporation | PUT | 1,400 | $378,686 |
| Q1 2026 | DIS | Walt Disney Company (The) | CALL | 3,900 | $375,882 |
| Q1 2026 | VLO | Valero Energy Corporation | CALL | 1,500 | $370,620 |
| Q1 2026 | BX | Blackstone Inc. | PUT | 3,200 | $367,968 |
| Q1 2026 | XOM | Exxon Mobil Corporation | CALL | 2,100 | $356,286 |
| Q1 2026 | RTX | RTX Corporation | CALL | 1,800 | $347,220 |
| Q1 2026 | NEM | Newmont Corporation | CALL | 3,200 | $346,400 |
Notional value represents the total exposure of the options position.