Options Trading Insights: TSLA, INOD, CAVAUnveiling Intriguing Friday Option Activity

JJ Bounty

Exploring Tesla’s Options Surge

Reveling in the tumult of stock market options, Tesla Inc (Symbol: TSLA) dances at the center stage of option frenzy. An awe-inspiring 1.3 million contracts, a trove of potential, have energetically exchanged hands today. This fiery display represents an impressive 131.7 million shares, a pulse-racing 125.8% of Tesla’s average daily trading volume over the last month. Among the myriad of options embraced, the $200 strike call option expiring on August 09, 2024, has garnered a whopping 168,056 contracts equivalent to 16.8 million shares. Witness the dramatic saga in the enchanting chart below, showcasing Tesla’s twelve-month trading odyssey with the $200 strike shining like a beacon against the backdrop:

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The Arc of INOD’s Options Market

Stepping into the whirlwind of options, Innodata Inc (Symbol: INOD) pirouettes with 7,450 contracts claiming the spotlight today. This torrent of contracts embodies approximately 745,000 underlying shares, a staggering 119.9% of INOD’s average daily trading volume in the past month. Among these, the $18 strike put option set to expire on August 16, 2024, has seen a spirited trade of 1,252 contracts, signifying around 125,200 shares. Behold the mesmerizing dance captured in the chart below, narrating INOD’s past year with the $18 strike as a vivid stroke of colors:

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CAVA’s Harmonious Options Movement

Amidst the symphony of options trading, CAVA Group Inc (Symbol: CAVA) sings a sweet melody with 22,868 contracts taking center stage. The resounding chorus echoes approximately 2.3 million underlying shares, a formidable 104.8% of CAVA’s average daily trading volume over the last month. Encircled in this dance, the $91 strike call option expiring on August 09, 2024, has captured attention with 1,067 contracts signifying around 106,700 shares. Uncover the exquisite rhythm in the chart below, portraying CAVA’s journey with the $91 strike gleaming like a luminary:

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Exploring More Options

Delve deeper into the universe of available expirations for TSLA options, INOD options, or CAVA options by visiting StockOptionsChannel.com.