Surging Options Trading Activity Underscores Market Vibrancy

Photo of author

By Ronald Tech

Microsoft’s Options Surge with High Trading Volume

Amidst the underlying components of the Russell 3000 index, Microsoft Corporation (Symbol: MSFT) captured investor attention with a flurry of options trading today. A staggering 185,818 contracts exchanged hands, signaling activity involving approximately 18.6 million underlying shares. This surge surpasses a remarkable 103.2% of MSFT’s average daily trading volume over the past month – an impressive 18.0 million shares.

Notably, the $460 strike call option expiring on July 5, 2024, witnessed heightened interest, with 21,597 contracts traded – that’s akin to about 2.2 million underlying shares of MSFT. Visualizing MSFT’s trading trajectory over the past twelve months, the $460 strike stands out distinctly in vibrant orange hues.

Loading chart - 2024 TickerTech.com

Tempur Sealy International, Inc. Sees Noteworthy Options Volume

On the other hand, Tempur Sealy International, Inc. (Symbol: TPX) witnessed a robust options trading volume of 16,800 contracts today, representing approximately 1.7 million underlying shares. This massive movement accounts for a substantial 94.5% of TPX’s average daily trading volume over the preceding month – totaling 1.8 million shares.

Topping the charts, the $45 strike put option expiring on July 19, 2024, drew significant attention, with 5,676 contracts traded – equivalent to approximately 567,600 underlying shares of TPX. A detailed chart outlining TPX’s trading performance over the last twelve months prominently displays the $45 strike in vivid orange hues.

Loading chart - 2024 TickerTech.com

Shift4 Payments Inc: A Flashpoint for Options Traders

Shift4 Payments Inc (Symbol: FOUR) also made headlines in the options market today, with a trading volume of 11,020 contracts – signaling action involving around 1.1 million underlying shares or approximately 91.4% of FOUR’s recent average daily trading volume of 1.2 million shares.

See also  Insightful Analysis on Target's Q1 Earnings PerformanceInsightful Analysis on Target's Q1 Earnings Performance

Noteworthy interest surrounded the $65 strike put option expiring on August 16, 2024, as 5,051 contracts changed hands, representing roughly 505,100 underlying shares of FOUR. A graphical depiction of FOUR’s trading history over the last twelve months prominently features the $65 strike in a striking orange hue.

Loading chart - 2024 TickerTech.com

Exploring Options Beyond Today

For a comprehensive look at the diverse expirations available in MSFT, TPX, or FOUR options, inquiring minds can visit StockOptionsChannel.com for further insights into this pulsating market activity.

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

Also see:

• NOGN shares outstanding history
• Funds Holding UMRX
• Institutional Holders of AAWW