Dazzling Trades Paint a Vibrant Canvas
Exploring the realm of options trading today within the S&P 500 index’s various components unveils remarkable patterns. Netflix Inc (NFLX) stands out prominently – boasting a total traded contract volume of 121,546, indicative of about 12.2 million underlying shares. This volume rivals a staggering 338.8% of NFLX’s typical daily trading activity over the past month, which usually hovers around 3.6 million shares. The $800 strike call option, expiring on October 25, 2024, particularly shimmered with 16,458 contracts changing hands – mesmerizing the market with the representation of approximately 1.6 million underlying NFLX shares.
Rocking the boat next is Costco Wholesale Corp (COST), with a sizable options trading volume hitting 47,639 contracts. This volume corresponds to approximately 4.8 million underlying shares, capturing about 259.4% of COST’s regular daily trading volume over the past month of 1.8 million shares. The $870 strike put option expiring on October 25, 2024, created waves with 14,509 contracts in play, representing around 1.5 million underlying COST shares.
Seizing the spotlight, Kraft Heinz Co (KHC) emerged with a significant stride in options trading – a robust 136,456 contracts were in play, symbolizing roughly 13.6 million underlying shares. This tumult of activity represents a substantial 243.1% of KHC’s typical daily trading volume over the past month, averaging 5.6 million shares. The $37 strike call option expiring on October 25, 2024, exerted dominance with a grand 84,273 contracts exchanged, painting a vivid picture of approximately 8.4 million underlying KHC shares.
Charting the Waters of Activity
Dive deeper into the historical narratives of these companies with a visual representation of their trading patterns. Embedded below are pivotal charts outlining the twelve-month trading trajectories of NFLX, COST, and KHC., Each infographic beautifully highlights the discussed strikes, adding a technicolor layer to the mundane numbers and statistics.
Exploration Beyond the Charts
Delve into the diverse plethora of expiration possibilities for NFLX, COST, and KHC options on StockOptionsChannel.com. Its treasure trove of data promises to enrich your understanding of the enthralling world of options trading, offering insights that dig beneath the surface of mere numbers.
