Netflix Inc (NFLX) Sees Surging Options Activity
As per today’s options trading data within the scope of the Russell 3000 index, Netflix Inc (NFLX) presents an exciting trading scenario. The total volume stands at a notable 53,527 contracts traded, equivalent to about 5.4 million underlying shares. This figure accounts for a striking 163.9% of NFLX’s typical daily trading volume over the past month, which amounted to 3.3 million shares.
At the $650 strike call option expiring on May 24, 2024, there is a flurry of activity with 3,745 contracts exchanged, representing approximately 374,500 underlying shares of NFLX. The fervor surrounding NFLX options is visually depicted below:
Meta Platforms Inc (META) Witnesses High Options Volume
Meta Platforms Inc (META) is in the fray with a considerable options volume today, totaling 288,211 contracts exchanged thus far. This volume is reflective of roughly 28.8 million underlying shares, constituting a significant 157% of META’s usual daily trading volume over the past month, which settled at 18.4 million shares.
The $440 strike call option expiring on August 16, 2024, has captured significant attention, with 27,108 contracts traded so far, representing around 2.7 million underlying shares of META. Here is a visualization of the trading history for META, with the $440 strike prominently displayed:
Costco Wholesale Corp (COST) Displays Noteworthy Options Trading
Costco Wholesale Corp (COST) is not to be left behind, with options volume hitting 21,748 contracts traded today. These contracts represent about 2.2 million underlying shares, translating to a substantial 133.7% of COST’s average daily trading volume over the past month, which stood at 1.6 million shares.
The $820 strike call option expiring on May 24, 2024, is commanding attention with 2,354 contracts traded, equivalent to roughly 235,400 underlying shares of COST. The chart below illustrates the trading history for COST, with the $820 strike highlighted:
Dive Deeper into Options Trading
For more information on various expiration dates for NFLX, META, or COST options, interested parties can explore further at StockOptionsChannel.com.