Analyzing Wednesday’s Options Action: TSLA, TRV, DHR

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By Ronald Tech

High Volume Options Activity in TSLA

Options trading for Tesla Inc, known by its stock symbol TSLA, has been nothing short of a whirlwind today. A staggering total volume of 1.3 million contracts has changed hands, equivalent to around 125.2 million shares. This frenetic trading activity amounts to 135.1% of TSLA’s average daily volume over the past month. Standing like a colossus amidst this flurry is the $155 strike put option expiring on April 19, 2024, with a whopping 101,992 contracts traded so far today. Picture TSLA’s trading history in the past year, with the $155 strike gleaming like a beacon in orange hues.

Chart showing TSLA's trading history - 2024 TickerTech.com

Significant Options Activity in TRV

Turning our attention to Travelers Companies Inc (TRV), the options market is abuzz with a volume of 10,674 contracts traded today. This represents approximately 1.1 million underlying shares, a substantial 98.3% of TRV’s average daily trading volume over the past month. Noteworthy fervor surrounds the $210 strike call option expiring on April 19, 2024, with 1,990 contracts traded today, equivalent to approximately 199,000 shares of TRV. Witness TRV’s trading journey over the last year, with the $210 strike shining brightly in orange hues.

Chart showing TRV's trading history - 2024 TickerTech.com

Robust Options Trading in DHR

Meanwhile, Danaher Corp (DHR) options market is swirling with a volume of 23,685 contracts exchanged today, representing around 2.4 million underlying shares. This trading activity amounts to a robust 97.3% of DHR’s average daily volume over the past month. Of particular note is the $265 strike call option expiring on April 26, 2024, with 5,376 contracts traded today, equivalent to approximately 537,600 shares of DHR. See the path of DHR’s trading performance over the past year, with the $265 strike standing out prominently in orange hues.

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Chart showing DHR's trading history - 2024 TickerTech.com

Explore More Options

For additional insights into options available for TSLA, TRV, and DHR, head over to StockOptionsChannel.com to delve deeper into the exciting world of options trading.

Today’s Most Active Call & Put Options of the S&P 500 »

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