Netflix Inc (NFLX) Buzz
As the trading day unfolded, Netflix Inc (NFLX) found itself draped in options fervor. With 93,751 contracts changing hands, equivalent to a staggering 9.4 million underlying shares, a new chapter was written. This flurry represents a seismic 289.8% surge from the typical daily volume of 3.2 million shares over the past month.
Of particular interest was the $680 strike put option, strutting into the limelight with 8,783 contracts traded today. This single option was an overture for 878,300 shares of NFLX. The market’s heartbeat echoed intensely around this strike. The implications of this flurry, no mere flash in the pan, are outlined vividly in the hue of orange in the chart below.
Meta Platforms Inc (META) Showdown
On the parallel track, Meta Platforms Inc (META) wasn’t spared from today’s options whirlwind. A breathless 411,659 contracts, representing approximately 41.2 million underlying shares, were in vogue today. This clamor corresponds to a staggering 248.9% of META’s average daily trading volume over the past month, strutting through the considerable 16.5 million shares.
The $540 strike call option sparkled with 37,514 contracts trading hands. This impressive volume illuminated 3.8 million shares of META. The narrative of today’s performance, etched boldly in the chart below, showcases the $540 strike’s resonance in the market’s symphony.
Golar LNG Ltd (GLNG) Commotion
In the realm of Golar LNG Ltd (GLNG), a stir was felt. 25,965 contracts took flight, embodying close to 2.6 million underlying shares trading hands, a commanding 208% of the 1.2 million shares typically seen over the past month. The options arena thrummed with energy.
A crescendo was struck at the $26 strike call option, boasting 8,800 contracts exchanged today, shining a light on 880,000 GLNG shares. The tale of today’s highlights, depicted vividly in the orange glow on the chart below, marks this momentous leap.
Exploration of Options
To delve further into the labyrinth of opportunities presented by NFLX, META, or GLNG, wander into the realm of NFLX options, META options, or GLNG options at StockOptionsChannel.com.
