Crowded Skies: NFLX Soars in Contract Volumes
As the trading day unfolded, Netflix Inc (NFLX) stood out with an impressive total volume of 60,510 contracts exchanging hands. Representing approximately 6.1 million underlying shares, these numbers catapulted to 204.3% of NFLX’s average daily trading volume over the last month. Amongst the frenzied activity, the $645 strike put option expiring on June 07, 2024, captured traders’ attention. With 2,869 contracts traded, embodying around 286,900 NFLX shares, the options market saw substantial movement.
Investors observed Netflix’s trailing twelve-month trading history closely, with the $645 strike boldly highlighted in orange for emphasis.
Racing Ahead: CVNA Picks Up Pace in Options Trading
Carvana Co (CVNA) showcased its strength in the options market with a trading volume of 54,607 contracts – equivalent to about 5.5 million underlying shares or approximately 168.2% of its average daily trading volume over the past month. Notably, the $110 strike call option expiring on June 07, 2024, stole the spotlight with 7,091 contracts traded, representing around 709,100 shares of CVNA. The options traders closely monitored Carvana’s historical trading patterns, with the $110 strike prominently marked in orange for visibility.
Setting Sail: FLNG Navigates Choppy Waters in Options Market
Flex LNG Ltd (FLNG) witnessed 4,789 contracts traded, reflecting approximately 478,900 underlying shares or roughly 155.7% of its average daily trading volume over the last month of 307,625 shares. The $27 strike call option expiring on June 21, 2024, received considerable attention with 1,527 contracts traded, representing around 152,700 shares of FLNG. Observers closely watched Flex LNG’s year-long trading history, with the $27 strike highlighted in vivid orange.
Exploring Options Terrain
For a more comprehensive view of available expirations for NFLX, CVNA, and FLNG options, investors can delve deeper into StockOptionsChannel.com.
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