Thursday’s Option Action Unveils Surge in IBM, MSFT, CRWD

IBM Sees Whirlwind Option Activity

Observing options trading in S&P 500 components today showcases a remarkable occurrence within International Business Machines Corp (IBM). The traded volume of 96,661 contracts signifies a staggering 296% of IBM’s average daily trading volume for the past month. Notability lies in the $195 strike call option expiring July 26, 2024, with 12,729 contracts exhibiting fervent trading activity so far, symbolizing approximately 1.3 million underlying shares of IBM.

This engagement is underscored by an illustrative chart of IBM’s trading history, with the attention-grabbing $195 strike distinguished in a striking shade of orange.

MSFT Option Volume Surges

Microsoft Corporation (MSFT) also enters the spotlight with an options trading volume of 254,700 contracts today. This translates to a substantial 143.2% of MSFT’s average daily trading volume over the past month. The $425 strike call option expiring July 26, 2024, witnessed remarkable activity, with 24,727 contracts traded, equivalent to around 2.5 million underlying MSFT shares.

Delve into MSFT’s trading journey through a detailed chart highlighting the $425 strike option in a vibrant orange hue.

CRWD Shows Striking Option Activity

CrowdStrike Holdings Inc (CRWD) makes waves with an option volume of 131,045 contracts today, representing a substantial 133.5% of its average daily trading volume over the past month. Noteworthy highlights include the $270 strike call option expiring on July 26, 2024, with 7,814 contracts trading, reflecting approximately 781,400 underlying shares of CRWD.

Capture the essence of CRWD’s trading history through a compelling chart illustrating the $270 strike’s prominence.

Explore Further

For comprehensive information on available expirations of IBM, MSFT, and CRWD options, navigate to StockOptionsChannel.com.