Tesla Inc (Symbol: TSLA) Sees Soaring Options Trade
Today, Tesla Inc (TSLA) witnessed remarkable options trading activity, with a whopping 3.9 million contracts exchanged, equivalent to about 393.0 million underlying shares. This surge accounted for a staggering 468.3% of TSLA’s average daily trading volume over the past month.
Notably, the $250 strike call option expiring on July 05, 2024, saw exceptional interest, with 236,745 contracts traded, representing roughly 23.7 million underlying shares of TSLA. This intense trading is reflected in the chart below, with the $250 strike highlighted in orange:
Paramount Global (Symbol: PARA) in the Options Spotlight
Paramount Global (PARA) also experienced notable options trading volume, with 197,999 contracts traded, representing approximately 19.8 million underlying shares or roughly 118.2% of PARA’s average daily trading volume over the past month.
The $12 strike call option expiring on August 16, 2024, had particularly high volume, with 23,652 contracts traded so far today, accounting for about 2.4 million underlying shares of PARA. The chart below illustrates PARA’s trading history, with the $12 strike highlighted:
McDonald’s Corp (Symbol: MCD) Active in the Options Market
McDonald’s Corp (MCD) joined the options frenzy, with 34,826 contracts traded today, representing around 3.5 million underlying shares. This surge amounted to a significant 90% of MCD’s average daily trading volume over the past month.
The $252.50 strike call option expiring on July 05, 2024, witnessed notable trading activity, with 6,479 contracts traded so far today, translating to approximately 647,900 underlying shares of MCD. The chart below outlines MCD’s trading history, emphasizing the $252.50 strike:
For more insights into options expirations for TSLA, PARA, or MCD, visit StockOptionsChannel.com.