Analysis: Highlighted Options Activity for Salesforce, Micron Technology, and Advanced Micro Devices

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By Ronald Tech

Noteworthy Options Trading Volume

As Thursday unfolds, the options trading arena is abuzz with notable activities surrounding stalwarts like Salesforce Inc (CRM), Micron Technology Inc. (MU), and Advanced Micro Devices Inc (AMD). In a market where ebbs and flows are customary, these three companies are currently standing out from the crowd, with their respective option volumes painting a vivid picture of investor sentiment.

Upsurge in Options Volume

Taking center stage is Salesforce Inc (CRM), with a remarkable total volume of 57,781 contracts traded so far today. This hefty figure mirrors trading of approximately 5.8 million underlying shares, a staggering 112.4% spike from CRM’s average daily trading volume over the past month. The impressive surge was particularly evident in the $300 strike call option expiring on April 05, 2024, where a significant 8,100 contracts changed hands today.

Moving on to Micron Technology Inc. (MU), the options market witnessed a considerable upswing with 211,620 contracts traded today, equivalent to around 21.2 million underlying shares. This surge accounts for a substantial 67.6% of MU’s average daily trading volume over the last month. Significantly high trading volumes were seen in the $130 strike call option expiring on April 05, 2024, with 12,317 contracts traded.

As for Advanced Micro Devices Inc (AMD), options trading activity roared to life with 462,951 contracts exchanged, representing roughly 46.3 million underlying shares. This surge equates to about 63.5% of AMD’s average daily trading volume over the past month. Noteworthy trading was recorded in the $180 strike call option expiring on April 05, 2024, where 59,204 contracts were executed.

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Interactive Trading History Charts

To delve deeper into the trading histories of CRM, MU, and AMD, refer to the interactive charts below, each highlighting the respective strike prices discussed in today’s trading activities.

CRM Trading History
MU Trading History
AMD Trading History

For further details and a comprehensive view of available expiration options for CRM, MU, and AMD, investors can explore StockOptionsChannel.com.