Netflix Inc (NFLX)
Monday saw remarkable options trading volume within the Russell 3000 index, with Netflix Inc (NFLX) taking the spotlight. A staggering 72,609 contracts have been traded, equivalent to about 7.3 million underlying shares. This represents a staggering 257.7% of NFLX’s average daily trading volume in the past month.
One particular standout was the $700 strike call option expiring on June 28, 2024, witnessing 3,350 contracts traded today, which translates to approximately 335,000 underlying shares of NFLX.
Alnylam Pharmaceuticals Inc (ALNY)
Similarly, Alnylam Pharmaceuticals Inc (ALNY) showcased robust options activity on Monday, with 18,697 contracts traded, reflecting about 1.9 million underlying shares. This represents a significant 252.8% of ALNY’s average daily trading volume in the past month.
The $85 strike put option expiring on September 20, 2024, stood out with 1,500 contracts traded today, which equates to approximately 150,000 underlying shares of ALNY.
Chipotle Mexican Grill Inc (CMG)
Completing the trio, Chipotle Mexican Grill Inc (CMG) experienced a surge in options trading activity with 7,605 contracts traded on Monday, representing about 760,500 underlying shares. This signifies a notable 215.2% of CMG’s average daily trading volume in the past month.
The $700 strike put option expiring on January 17, 2025, saw substantial interest with 343 contracts traded today, translating to approximately 34,300 underlying shares of CMG.
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