Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Netflix Inc (Symbol: NFLX), where a total volume of 223,311 contracts has been traded thus far today, a contract volume which is representative of approximately 22.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 335.2% of NFLX’s average daily trading volume over the past month, of 6.7 million shares. Particularly high volume was seen for the $340 strike call option expiring March 31, 2023, with 14,797 contracts trading so far today, representing approximately 1.5 million underlying shares of NFLX. Below is a chart showing NFLX’s trailing twelve month trading history, with the $340 strike highlighted in orange:
MicroStrategy Inc. (Symbol: MSTR) options are showing a volume of 24,032 contracts thus far today. That number of contracts represents approximately 2.4 million underlying shares, working out to a sizeable 280.8% of MSTR’s average daily trading volume over the past month, of 855,795 shares.
Especially high volume was seen for the $190 strike put option expiring April 06, 2023, with 2,223 contracts trading so far today, representing approximately 222,300 underlying shares of MSTR. Below is a chart showing MSTR’s trailing twelve month trading history, with the $190 strike highlighted in orange:
And Chipotle Mexican Grill Inc (Symbol: CMG) options are showing a volume of 5,295 contracts thus far today. That number of contracts represents approximately 529,500 underlying shares, working out to a sizeable 207.3% of CMG’s average daily trading volume over the past month, of 255,415 shares.
Particularly high volume was seen for the $1600 strike put option expiring March 31, 2023, with 293 contracts trading so far today, representing approximately 29,300 underlying shares of CMG. Below is a chart showing CMG’s trailing twelve month trading history, with the $1600 strike highlighted in orange:
For the various different available expirations for NFLX options, MSTR options, or CMG options, visit StockOptionsChannel.com.
Also see:
Cheap Tech Stocks
TRNO Dividend Growth Rate
AVRO shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
