The options trading market today has been abuzz with significant activity in the stocks of FedEx Corp (Symbol: FDX), Target Corp (Symbol: TGT), and Amazon.com Inc (Symbol: AMZN). Notably, these three giants have all seen a surge in options trading volume, capturing the attention of market participants and investors alike.
Feast of Options: FDX
FedEx Corp (Symbol: FDX) witnessed a remarkable surge in options trading, with 27,411 contracts traded so far. This represents a staggering 80.1% of FDX’s average daily trading volume over the past month, a figure set at 3.4 million shares. The $285 strike put option expiring in January 19, 2024 garnered particular attention, with 3,431 contracts already traded today. Below, FDX’s trailing twelve-month trading history shows the $285 strike put option highlighted in orange.
The Rise of TGT Options
Target Corp (Symbol: TGT) also experienced a flurry of options activity, with 27,639 contracts already traded today. This volume amounts to approximately 76.5% of TGT’s average daily trading volume over the past month, equating to 3.6 million shares. The $120 strike put option expiring in February 16, 2024, gained substantial traction with 1,813 contracts traded by mid-day. The visual representation of TGT’s trailing twelve-month trading history showcased the prominence of the $120 strike put option (highlighted in orange).
Amazon’s Ascendancy in Options
On the other hand, Amazon.com Inc (Symbol: AMZN) evidenced significant options trading volume, with a staggering 308,505 contracts traded today. This represents around 65.7% of AMZN’s average daily trading volume over the past month, totaling 46.9 million shares. The $155 strike call option expiring in January 05, 2024, was particularly popular, with 31,420 contracts traded. AMZN’s trailing twelve-month trading history visually emphasized the importance of the $155 strike call option (highlighted in orange).
For more information on the various available expirations for FDX, TGT, or AMZN options, investors can visit StockOptionsChannel.com.
Also, enthusiasts can check out Today’s Most Active Call & Put Options of the S&P 500.
Also see:
