Analysis of Notable Tuesday Option Activities Market Buzz: NFLX, AAPL, META Option Activities Turn Heads

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By Ronald Tech

Netflix Inc (Symbol: NFLX)

Among the underlying components of the S&P 500 index, today’s options trading volume in Netflix Inc turned heads. A total of 36,377 contracts have already exchanged hands, equivalent to about 3.6 million underlying shares. This surge amounts to about 128.8% of NFLX’s average daily trading volume over the past month. Notably, the $700 strike call option expiring on July 05, 2024, witnessed remarkable activity, with 3,080 contracts traded, representing approximately 308,000 NFLX shares.

Dive deeper into NFLX’s performance with the trailing twelve-month trading history chart below where the $700 strike is highlighted in orange.

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Apple Inc (Symbol: AAPL)

The options arena for Apple Inc was no less intriguing today. Options trading volume hit 1.0 million contracts, representing about 100.8 million underlying shares. This activity amounts to a significant 113% of AAPL’s average daily trading volume over the past month. Particularly eye-catching was the $220 strike call option expiring on July 05, 2024, with 147,641 contracts traded, translating to approximately 14.8 million shares of AAPL.

Explore AAPL’s performance through the trailing twelve-month trading history chart below, with the $220 strike standing out in orange.

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Meta Platforms Inc (Symbol: META)

Meta Platforms Inc also experienced a flurry of options trading today with 113,397 contracts changing hands, representing around 11.3 million underlying shares. This volume signifies approximately 95.6% of META’s average daily trading volume over the past month. Noteworthy was the $515 strike call option expiring on July 05, 2024, with 7,148 contracts traded, reflecting about 714,800 shares of META.

Delve into META’s journey over the past year through the provided trading history chart below, highlighting the $515 strike in orange.

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For more insights on the different expirations for NFLX, AAPL, or META options, visit StockOptionsChannel.com.