Netflix Inc (NFLX): A Deep Dive into Option Trading Frenzy
Netflix Inc (NFLX) observed substantial activity in its options trading, with a total of 93,751 contracts traded today. This amount signifies about 9.4 million underlying shares, a staggering 289.8% of NFLX’s average daily trading volume of 3.2 million shares over the last month.
Notably, the $680 strike put option expiring on August 23, 2024, attracted significant interest with 8,783 contracts traded so far today, representing approximately 878,300 underlying NFLX shares. This surge in activity is graphically depicted below, with the $680 strike highlighted in orange:
Meta Platforms Inc (META) Sees Robust Options Trading
Meta Platforms Inc (META) experienced a notable surge in options trading volume, with 411,659 contracts changing hands. This represents approximately 41.2 million underlying shares or around 248.9% of META’s average daily trading volume over the past month.
The $540 strike call option expiring on August 23, 2024, was particularly active, with 37,514 contracts traded today, amounting to approximately 3.8 million underlying shares of META. The trading history of META, with the $540 strike highlighted, can be seen below:
Golar LNG Ltd (GLNG) Options Display Strong Trading Volume
Golar LNG Ltd (GLNG) also witnessed significant options trading activity, with 25,965 contracts traded today. This amount corresponds to roughly 2.6 million underlying shares, translating to a hefty 208% of GLNG’s average daily trading volume over the last month.
The $26 strike call option expiring on September 20, 2024, stood out with 8,800 contracts traded today, representing approximately 880,000 underlying shares of GLNG. The trading history of GLNG, with the $26 strike highlighted, can be visualized below:
For More Information on Available Expirations
For details on various available expirations for NFLX, META, and GLNG options, visit StockOptionsChannel.com.
