Netflix Inc (NFLX)
Diving into the realm of options trading among components of the Russell 3000 index, all eyes turn to Netflix Inc (NFLX) on a particularly notable trading day. A remarkable total volume of 60,510 contracts has already exchanged hands. This figure translates to roughly 6.1 million underlying shares, significantly surpassing NFLX’s average monthly trading volume of 3.0 million shares. The standout surge in trading activity centers around the $645 strike put option expiring on June 7, 2024. A staggering 2,869 contracts have been traded, representing approximately 286,900 underlying shares of NFLX. The robust trading history for NFLX over the last twelve months highlights the $645 strike option in a striking shade of orange.
Carvana Co (CVNA)
Shifting focus to Carvana Co (CVNA), the options trading volume has surged to 54,607 contracts, representing around 5.5 million underlying shares or approximately 168.2% of CVNA’s average daily trading volume over the last month. A spike in trading activity hones in on the $110 strike call option expiring on June 7, 2024. A significant 7,091 contracts have been traded today, equating to about 709,100 underlying shares of CVNA. The trailing twelve-month trading history for CVNA delicately highlights the $110 strike in a vibrant shade of orange.
Flex LNG Ltd (FLNG)
Lastly, Flex LNG Ltd (FLNG) is also making waves in the options market with a trading volume of 4,789 contracts, representing around 478,900 underlying shares or about 155.7% of FLNG’s average daily trading volume over the past month. Noteworthy trading activity centers on the $27 strike call option expiring on June 21, 2024. A robust 1,527 contracts have been traded today, symbolizing approximately 152,700 underlying shares of FLNG. The trailing twelve-month trading history for FLNG showcases the $27 strike in a bold hue of orange.
For more information on the variety of expiration options available for NFLX, CVNA, or FLNG, investors can explore StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Further Reading:
Exploring Healthcare Stocks Hedge Funds Are Selling
Insightful SWAV Videos
Informative AISP Videos
