Advanced Micro Devices Inc (AMD)
Delving into the world of options trading, Advanced Micro Devices Inc (AMD) exhibited remarkable momentum today. The trading volume topped 598,808 contracts, equating to almost 59.9 million shares exchanging hands. This staggering figure comprises a substantial 85.6% of AMD’s average daily trading volume over the past month, standing at 70.0 million shares.
Notably, a surge in activity was witnessed in the $200 strike call option expiring on March 15, 2024, with 43,720 contracts traded so far, representing approximately 4.4 million underlying shares of AMD. The charts vividly illustrate AMD’s trading trajectory, with the $200 strike highlighted in vibrant orange hues.
Allegro MicroSystems Inc (ALGM)
Turning our attention to Allegro MicroSystems Inc (ALGM), the options arena experienced a buzz with a total of 16,039 contracts traded today, signifying around 1.6 million underlying shares. This volume encompasses a substantial 85.3% of ALGM’s average daily trading volume over the past month, which typically stands at 1.9 million shares.
The $25 strike put option expiring on May 17, 2024, garnered significant attention, with 15,005 contracts traded, corresponding to roughly 1.5 million underlying shares of ALGM. The accompanying charts delineate ALGM’s trading history, with the pivotal $25 strike accentuated in a vibrant orange hue.
American International Group Inc (AIG)
In the domain of American International Group Inc (AIG), options trading unveiled a robust performance, with 37,364 contracts transacted today. This flurry amounts to approximately 3.7 million underlying shares, comprising a substantial 80.7% of AIG’s average daily trading volume over the past month, which usually hovers around 4.6 million shares.
Particularly, the $80 strike call option expiring on June 21, 2024, caught the eye with 12,441 contracts traded thus far, representing almost 1.2 million underlying shares of AIG. The graphical representation of AIG’s trading history accentuates the $80 strike in a vibrant orange hue, offering a visual narrative of the market activity.
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