Wednesdays in the Stock Market: A Dive into TSLA, PARA, MCD Options Activity

JJ Bounty

High Flying TSLA

Traders felt the electricity in the air, with 3.9 million contracts exchanging hands for Tesla Inc. That translates to a staggering 468.3% of its average daily trading over the past month. The volume singed hotter than a SpaceX launch, hitting approximately 393.0 million underlying shares. In particular, the $250 strike call option expiring in July 2024 saw frenzied activity, with 236,745 contracts traded, representing a gravitational pull equivalent to 23.7 million shares.

Take a glimpse at Tesla’s tumultuous trading history, with the $250 strike standing out like an orange flame in the night sky.

Loading chart in 2024 from TickerTech.com

Paramount PARA

Moving to Paramount Global, the options trading volume danced to the tune of 197,999 contracts, consuming a substantial 118.2% of PARA’s average daily trading volume over the past month. The market pulse was palpable, representing an estimated 19.8 million underlying shares trading hands. The $12 strike call option expiring in August 2024 experienced a surge, with 23,652 contracts traded, a cosmic giant akin to 2.4 million underlying shares.

Witness the ebbs and flows of PARA’s trading history, with the $12 strike shining like a beacon on a stormy night.

Loading chart in 2024 from TickerTech.com

McDonald’s MCD Buzz

Meanwhile, McDonald’s Corp options stirred the pot, with 34,826 contracts in play today. This figure represents a considerable 90% of MCD’s average daily trading volume over the past month, totaling about 3.5 million underlying shares.

The $252.50 strike call option expiring in July 2024 drew attention, with 6,479 contracts in the fray, symbolizing approximately 647,900 underlying shares.

Explore the labyrinth of MCD’s trading history, with the $252.50 strike flashing like golden arches in the dark.

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Loading chart in 2024 from TickerTech.com

For a foray into the vast expanse of TSLA, PARA, or MCD options and their available expirations, brave the journey to StockOptionsChannel.com.

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