Unprecedented Options Trading Volume in Leading Tech Stocks
Today’s market sees a whirlwind of activity in the options market, particularly in the realm of tech giants Amazon.com Inc (AMZN), Tesla Inc (TSLA), and Microsoft Corporation (MSFT). The frenzy of options trading activity has captured the attention of traders and investors alike, with eye-catching figures painting a vivid picture of the market landscape.
Surge in Amazon.com Inc (AMZN) Options
Amazon’s options trading volume has soared to new heights, with a total of 240,131 contracts changing hands today. This figure is equivalent to a staggering 24.0 million underlying shares, marking a significant 74.9% of Amazon’s average daily trading volume over the past month. Notably, the $190 strike call option expiring in October 2024 has experienced an exceptional surge, with 35,246 contracts traded so far today, representing approximately 3.5 million shares of AMZN.
High Octane Options Activity in Tesla Inc (TSLA)
Tesla’s options trading has also witnessed remarkable activity, with a total of 533,709 contracts traded today. This substantial volume is indicative of approximately 53.4 million underlying shares, constituting a significant 70.1% of TSLA’s average daily trading volume over the past month. The $220 strike call option expiring in October 2024 has seized the spotlight, with 32,348 contracts traded today, representing about 3.2 million shares of Tesla.
Noteworthy Options Volume in Microsoft Corporation (MSFT)
Microsoft’s options market has been buzzing with activity, as 113,290 contracts have been traded so far today. This volume translates to approximately 11.3 million underlying shares, making up a substantial 69.4% of MSFT’s average daily trading volume over the past month. Additionally, the $420 strike call option expiring in October 2024 has garnered attention, with 6,620 contracts traded today, representing around 662,000 shares of Microsoft.
Exploring Options Opportunities
For a closer look at the diverse range of available expirations for AMZN, TSLA, and MSFT options, traders are encouraged to visit StockOptionsChannel.com. The platform offers valuable insights and opportunities to capitalize on the dynamic options market.
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