Intriguing Options Activity: Netflix, NVIDIA, Under Armour

Photo of author

By Ronald Tech

Netflix Options Surge

Netflix Inc (NFLX) witnessed remarkable options trading today with a total of 89,953 contracts traded, equivalent to about 9.0 million underlying shares. This reflects a staggering 271% of NFLX’s average daily trading volume over the past month. Of significant note was the $620 strike call option expiring on March 15, 2024, seeing 9,777 contracts traded, representing approximately 977,700 underlying shares.

Loading chart — 2024 TickerTech.com

NVIDIA Brisk Options Trading

NVIDIA Corp (NVDA) also experienced robust options activity, with a volume of 1.4 million contracts traded today. This volume translates to around 139.4 million underlying shares, accounting for a substantial 227.9% of NVDA’s average daily trading volume in the past month. Notably, the $900 strike call option expiring on March 15, 2024, saw 92,214 contracts traded, representing approximately 9.2 million underlying shares.

Loading chart — 2024 TickerTech.com

Under Armour Option Buzz

Under Armour Inc (UAA) was no exception to the surging options trade, with 80,096 contracts traded today. This figure corresponds to about 8.0 million underlying shares, which is a remarkable 140.1% of UAA’s average daily trading volume over the past month. Noteworthy was the $7.50 strike put option expiring on September 20, 2024, with 54,254 contracts traded, representing approximately 5.4 million underlying shares.

Loading chart — 2024 TickerTech.com

For more details on Netflix, NVIDIA, or Under Armour options, visit StockOptionsChannel.com.