Netflix Inc (Symbol: NFLX)
Investors witnessed remarkable options trading in Netflix Inc on Friday. A total of 93,751 contracts changed hands, equivalent to about 9.4 million shares, capturing attention and reflecting approximately 289.8% of NFLX’s average daily trading volume over the past month. The vigorous options activity was particularly centered around the $680 strike put option expiring on August 23, 2024, with 8,783 contracts traded representing roughly 878,300 underlying shares of NFLX.
Delving into historical context, such heightened interest in options can signal varying investor sentiments and potential future moves in the stock price, accentuated by the orange-highlighted $680 strike on the trailing twelve-month trading history chart below:
Meta Platforms Inc (Symbol: META)
Meanwhile, Meta Platforms Inc observed substantial options trading volume on Friday, with 411,659 contracts traded, representing approximately 41.2 million underlying shares or roughly 248.9% of META’s average daily trading volume over the past month. Notable interest revolved around the $540 strike call option expiring on August 23, 2024, with 37,514 contracts traded denoting approximately 3.8 million underlying META shares.
By examining META’s trading history, specifically emphasizing the $540 strike, investors can glean insights into market expectations and potential stock price movements, as illustrated below:
Golar LNG Ltd (Symbol: GLNG)
Options activity also surged for Golar LNG Ltd on Friday, with a trade volume of 25,965 contracts, representing around 2.6 million underlying shares – a substantial 208% of GLNG’s average daily trading volume over the past month. Noteworthy trading was identified around the $26 strike call option expiring on September 20, 2024, with 8,800 contracts traded, symbolizing approximately 880,000 GLNG shares.
Diagnostic of GLNG’s trading history, accentuated by the $26 strike, offers investors a nuanced view of market sentiment and potential stock price implications, vividly depicted below:
Enhancing Insights
For a comprehensive view of the various expiration options available for Netflix Inc, Meta Platforms Inc, or Golar LNG Ltd, enthusiasts can explore additional details at StockOptionsChannel.com.