An Unprecedented Snapshot
Today’s options trading activity unveiled some staggering figures in the market. Meta Platforms Inc had a total volume of 351,696 contracts traded. This exceptional volume indicates a representation of approximately 35.2 million underlying shares, which is a substantial increase, marking 281% of META’s average daily trading volume in the past month of 12.5 million shares.
Particularly surprising was the activity surrounding the $585 strike put option expiring on October 04, 2024. A staggering 36,921 contracts were traded, equating to approximately 3.7 million underlying shares of META. Investors have been significantly intrigued by this movement.
Light on Tesla Inc
Tesla Inc witnessed an options trading volume of 2.0 million contracts today, representing approximately 195.7 million underlying shares or 245.2% of TSLA’s average daily trading volume over the past month of 79.8 million shares.
Notably, the $250 strike call option expiring on October 04, 2024, experienced exceptionally high volume with 262,540 contracts traded so far. This volume represents around 26.3 million underlying shares of TSLA, drawing substantial attention in the trading community.
The Netflix Scenario
Options trading in Netflix Inc exhibited a volume of 58,961 contracts today, indicating trading in approximately 5.9 million underlying shares. This substantial volume marks 221.8% of NFLX’s average daily trading volume over the past month of 2.7 million shares.
The $720 strike call option expiring October 04, 2024, saw notable activity with 4,607 contracts traded, representing about 460,700 underlying shares of NFLX. This has caught the attention of investors tracking Netflix’s moves closely.
Exploring Further Options
For more details on different expiry options for META, TSLA, or NFLX, investors can delve into StockOptionsChannel.com for a deeper understanding of their investment choices.