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Friday Options Buzz: AdaptHealth Corp, Tesla, Netflix


AdaptHealth Corp (AHCO) Sees Uncommon Options Activity

Digging into options trading among components of the Russell 3000 index, today stands out for AdaptHealth Corp (Symbol: AHCO). Trading volume for AHCO options skyrocketed to 54,043 contracts, essentially representing 5.4 million underlying shares, a staggering 471.6% of its usual daily trading volume over the last month. The spotlight shines on the $10 strike put option expiring in January 16, 2026, where 27,003 contracts have been traded, equivalent to around 2.7 million shares of AHCO. The fervor around AHCO options is palpable, with the volatility chart showcasing the $10 strike in gleaming orange hues.

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Tesla Inc (TSLA) Electrifies Options Market

Turning our attention to Tesla Inc (Symbol: TSLA), the options arena witnessed a surge with 3.3 million contracts traded, equivalent to around 326.1 million underlying shares, a whopping 422.9% of TSLA’s average daily trading volume in the past month. The $220 strike call option expiring on October 11, 2024, stole the show with 222,975 contracts traded, representing approximately 22.3 million shares of TSLA. The historical performance chart of TSLA paints a vivid picture, with the $220 strike glowing vibrantly in orange.

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Netflix Inc (NFLX) Lights Up Options Volume

Netflix Inc (Symbol: NFLX) saw lively options trading activity, with 76,723 contracts changing hands. This represents around 7.7 million underlying shares and a remarkable 284.3% of NFLX’s average daily trading volume over the last month. The $725 strike call option expiring on October 11, 2024, drew particular attention, with 6,689 contracts traded, signifying approximately 668,900 shares of NFLX. The historical trading chart of NFLX illustrates the fervor around the $725 strike in bold orange hues.

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For more information on available expirations for AHCO, TSLA, or NFLX options, visit StockOptionsChannel.com.