Notable Friday Option Activity: AMZN, LW, GOOG

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By Ronald Tech

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Amazon.com Inc (Symbol: AMZN), where a total of 341,184 contracts have traded so far, representing approximately 34.1 million underlying shares. That amounts to about 93% of AMZN’s average daily trading volume over the past month of 36.7 million shares. Especially high volume was seen for the $230 strike call option expiring December 27, 2024, with 22,807 contracts trading so far today, representing approximately 2.3 million underlying shares of AMZN. Below is a chart showing AMZN’s trailing twelve month trading history, with the $230 strike highlighted in orange:

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Lamb Weston Holdings Inc (Symbol: LW) options are showing a volume of 19,489 contracts thus far today. That number of contracts represents approximately 1.9 million underlying shares, working out to a sizeable 61.2% of LW’s average daily trading volume over the past month, of 3.2 million shares.
Especially high volume was seen for the $60 strike put option expiring February 21, 2025, with 7,960 contracts trading so far today, representing approximately 796,000 underlying shares of LW. Below is a chart showing LW’s trailing twelve month trading history, with the $60 strike highlighted in orange:

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And Alphabet Inc (Symbol: GOOG) options are showing a volume of 118,938 contracts thus far today. That number of contracts represents approximately 11.9 million underlying shares, working out to a sizeable 55.6% of GOOG’s average daily trading volume over the past month, of 21.4 million shares.
Particularly high volume was seen for the $195 strike call option expiring December 27, 2024, with 13,454 contracts trading so far today, representing approximately 1.3 million underlying shares of GOOG. Below is a chart showing GOOG’s trailing twelve month trading history, with the $195 strike highlighted in orange:

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For the various different available expirations for AMZN options, LW options, or GOOG options, visit StockOptionsChannel.com.

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

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