Analysis of Noteworthy Option Activity in PLTR, PI, AMD Unveiling Surging Option Activity in PLTR, PI, AMD

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By Ronald Tech


Palantir Technologies Inc (PLTR)

Today, Palantir Technologies Inc (PLTR) saw a remarkable surge in options trading volume, with a total of 223,064 contracts exchanged, equivalent to approximately 22.3 million underlying shares. This accounts for a substantial 51.7% of PLTR’s average daily trading volume over the past month, which stood at 43.2 million shares.

Of significant interest was the $29 strike call option expiring on July 26, 2024, witnessing robust activity with 48,662 contracts traded, representing around 4.9 million underlying shares of PLTR. Investors closely monitored this option, catapulting trading volume to extraordinary levels.

The trading history of PLTR over the trailing twelve months highlighted the $29 strike in a vivid shade of orange, encapsulating the fervor that engulfed this particular option.

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Impinj Inc (PI)

Impinj Inc (PI) witnessed a surge in options trading volume today, with 1,530 contracts changing hands, which translates to approximately 153,000 underlying shares or around 51.5% of PI’s average daily trading volume over the past month, which was 297,095 shares.

Notably, the $160 strike put option expiring on August 16, 2024, garnered significant attention, with 733 contracts traded thus far, representing about 73,300 underlying shares of PI. This intense focus on the put option propelled trading volume significantly higher.

The trailing twelve-month trading history of PI showcased the $160 strike in an eye-catching orange hue, symbolizing the traction this specific option garnered among investors.

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Advanced Micro Devices Inc (AMD)

Advanced Micro Devices Inc (AMD) experienced a surge in options trading volume today, with a total of 264,377 contracts traded, representing approximately 26.4 million underlying shares or roughly 51.1% of AMD’s average daily trading volume over the last month, which stood at 51.8 million shares.

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The $160 strike call option expiring on July 26, 2024, witnessed remarkable activity, with 34,831 contracts exchanged, equivalent to approximately 3.5 million underlying shares of AMD. Investors keenly observed this call option, driving trading volume to extraordinary heights.

The trading history of AMD over the past twelve months highlighted the $160 strike in a vibrant orange color, underscoring the significance of this option in recent trading sessions.

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For more information on available expirations for PLTR, PI, or AMD options, investors can visit StockOptionsChannel.com.