Notable Friday Option Activity: NFLX, TSLA, COST

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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 Netflix Inc (Symbol: NFLX), where a total of 101,733 contracts have traded so far, representing approximately 10.2 million underlying shares. That amounts to about 373.3% of NFLX’s average daily trading volume over the past month of 2.7 million shares. Especially high volume was seen for the $880 strike put option expiring December 27, 2024, with 5,220 contracts trading so far today, representing approximately 522,000 underlying shares of NFLX. Below is a chart showing NFLX’s trailing twelve month trading history, with the $880 strike highlighted in orange:

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Tesla Inc (Symbol: TSLA) options are showing a volume of 2.3 million contracts thus far today. That number of contracts represents approximately 227.3 million underlying shares, working out to a sizeable 256.3% of TSLA’s average daily trading volume over the past month, of 88.7 million shares.
Especially high volume was seen for the $450 strike call option expiring December 27, 2024, with 112,114 contracts trading so far today, representing approximately 11.2 million underlying shares of TSLA. Below is a chart showing TSLA’s trailing twelve month trading history, with the $450 strike highlighted in orange:

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And Costco Wholesale Corp (Symbol: COST) saw options trading volume of 37,657 contracts, representing approximately 3.8 million underlying shares or approximately 181.3% of COST’s average daily trading volume over the past month, of 2.1 million shares.
Especially high volume was seen for the $945 strike put option expiring December 27, 2024, with 2,314 contracts trading so far today, representing approximately 231,400 underlying shares of COST. Below is a chart showing COST’s trailing twelve month trading history, with the $945 strike highlighted in orange:

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For the various different available expirations for NFLX options, TSLA options, or COST options, visit StockOptionsChannel.com.

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

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