Diving into Amazon.com Inc (AMZN)
Options traders have sparked a whirlwind in the market today, particularly with Amazon.com Inc (Symbol: AMZN). A colossal volume of 641,645 contracts has traversed the trading floor, equivalent to a staggering 64.2 million shares. This torrent of activity amounts to a whopping 140.8% of AMZN’s average daily trading volume over the past month, painting a vivid picture of the fervor surrounding this tech giant.
Amidst this maelstrom, the $190 strike call option expiring on May 10, 2024, caught the eye with an impressive 77,313 contracts traded so far. This translates to around 7.7 million underlying shares of AMZN changing hands. Such fervent trading activity has illuminated the options market, injecting a surge of energy into AMZN’s trading history.
Unpacking W.W. Grainger Inc. (GWW)
Shifting gears, W.W. Grainger Inc. (Symbol: GWW) witnessed a flurry of options trading with 3,748 contracts, representing about 374,800 underlying shares or roughly 139.5% of GWW’s average daily trading volume over the past month. This surge in activity showcases keen investor interest in GWW’s options market landscape.
A standout feature of today’s trading was the $740 strike call option set to expire on May 17, 2024. The compelling 480 contracts traded have churned approximately 48,000 underlying shares of GWW, adding another layer of excitement to the options trading arena.
Examining APA Corp’s (APA) Options Activity
The enthralling dance of options trading also touched APA Corp (Symbol: APA) today, with a substantial 55,463 contracts exchanging hands. This robust figure represents around 5.5 million underlying shares or approximately 85.1% of APA’s average daily trading volume over the past month, reflecting a vibrant market ecosystem.
Noteworthy among APA’s trading landscape was the $31 strike put option expiring on May 10, 2024. The impressive 26,359 contracts traded have shuffled roughly 2.6 million underlying shares of APA, underscoring the deep currents of investor sentiment in the options market.
Discover more about the various available expirations for AMZN options, GWW options, or APA options by visiting StockOptionsChannel.com.
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