Market Buzz: IBM, MSFT, CRWD – Option Activity Surges

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By Ronald Tech

IBM Options Frenzy

Today’s trading session witnessed a whirlwind of options activity surrounding International Business Machines Corp (IBM). A staggering total volume of 96,661 contracts exchanged hands, equivalent to about 9.7 million underlying shares. This figure represents a remarkable 296% of IBM’s average daily trading volume over the past month. Notably, the $195 strike call option expiring on July 26, 2024, stole the spotlight with 12,729 contracts traded, translating to approximately 1.3 million underlying shares. The charts illustrate IBM’s tumultuous trading history, with the $195 strike clearly marked in luminous orange hues.

MSFT Option Surge

Microsoft Corporation (MSFT) also witnessed a surge in options trading, with 254,700 contracts changing hands, representing a hefty 25.5 million underlying shares. This volume signifies a substantial 143.2% of MSFT’s average daily trading volume for the previous month. The $425 strike call option expiring on July 26, 2024, saw an impressive 24,727 contracts traded, equivalent to about 2.5 million underlying shares. The charts visually depict MSFT’s trading journey, with the $425 strike shining prominently in vibrant orange tones.

CRWD Options Activity

CrowdStrike Holdings Inc (CRWD) also made waves in the options market today, with a robust volume of 131,045 contracts swapping hands, translating to around 13.1 million underlying shares. This volume signifies a significant 133.5% of CRWD’s average daily trading volume over the past month. The $270 strike call option expiring on July 26, 2024, attracted notable attention, with 7,814 contracts traded, representing approximately 781,400 underlying shares of CRWD. The charts reflect CRWD’s eventful trading history, with the $270 strike gleaming brightly in vivid orange splendor.

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Explore Further

To delve into the myriad expiration options available for IBM, MSFT, or CRWD, head over to StockOptionsChannel.com for more insights and details.

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

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