Costco Wholesale Corp (COST)
A frenzy erupted in the options trading arena today for Costco Wholesale Corp (COST) within the acclaimed S&P 500 index. The trading floor witnessed a remarkable total volume of 81,294 contracts, equivalent to a whopping 8.1 million underlying shares, a staggering 475.4% surge compared to COST’s normal monthly trading activity. An eye-watering performance was noted in $810 strike call option expiring May 31, 2024, with 3,034 contracts changing hands today, representing approximately 303,400 underlying shares of COST. The stock chart painted a vivid picture with the $810 strike boldly highlighted in orange.
NVIDIA Corp (NVDA)
Not to be outdone, NVIDIA Corp (NVDA) soared in options trading with 1.6 million contracts traded, a sky-high figure representing around 161.4 million underlying shares or 381.4% of NVDA’s standard daily trading volume over the past month, which stood at 42.3 million shares. The $1100 strike call option expiring May 31, 2024 saw immense action, with 61,426 contracts transacted today, equivalent to approximately 6.1 million underlying shares of NVDA. The chart for NVDA’s trading history featured the $1100 strike shining vibrantly in orange.
Netflix Inc (NFLX)
Meanwhile, Netflix Inc (NFLX) didn’t shy away from the excitement, with options trading reaching 74,069 contracts, symbolizing nearly 7.4 million underlying shares or a remarkable 241.1% of NFLX’s usual daily trading volume over the past month, which averages 3.1 million shares. Particularly notable was the $655 strike call option expiring May 31, 2024, with 3,381 contracts traded throughout the day, accounting for about 338,100 underlying shares of NFLX. The historical chart for NFLX featured the $655 strike standing out prominently in orange.
Delving Deeper into Options
To explore the myriad expirations available for COST options, NVDA options, or NFLX options, keen investors can head over to StockOptionsChannel.com for a comprehensive analysis and insights into the current market trends.