Analysis of Wednesday Option Activity for TJX, AMD, GS Unraveling Wednesday’s Options Fervor: TJX, AMD, GS

JJ Bounty

Unveiling TJX’s Options Surge

Traders experienced a whirlwind as 35,925 contracts were traded today for TJX Companies, highlighting a robust volume that represents about 66% of its average daily trade in the past month. A specific frenzy was witnessed at the $100 strike put option, with 7,456 contracts traded, equivalent to approximately 745,600 underlying shares of TJX.

Peering into history, this surge brings to mind the market frenzies of the past, akin to the excitement surrounding high-stakes bets during the Dot-com era.

Scrutinizing TJX’s trading history unveils a suspenseful narrative, depicted in the chart below:

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Deciphering AMD’s Options Spree

On the other front, Advanced Micro Devices Inc (AMD) surged with an options trading volume of 302,291 contracts, approximating 65.5% of the average daily trading volume in the preceding month. The $170 strike call option was particularly abuzz with 55,885 contracts traded, equivalent to around 5.6 million underlying shares of AMD.

This whirlwind in the options market for AMD is reminiscent of the tactical maneuvers made by traders during key market rallies of the late 20th century.

Glancing at AMD’s trading history sheds light on the ebbs and flows embodied in the chart below:

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Unpacking GS’s Options Deluge

In yet another twist, Goldman Sachs Group Inc (GS) made waves in the options realm with 13,410 contracts traded, amounting to about 62.7% of its average daily trading volume over the past month. The $465 strike put option garnered significant attention with 1,246 contracts traded, representing approximately 124,600 underlying shares of GS.

The thunderous options activity in GS echoes historical market shifts, akin to the seismic movements experienced during major financial crises over the years.

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An exploration of GS’s trading saga is encapsulated vividly in the historical chart below:

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For more details on the myriad expirations of TJX, AMD, or GS options, be sure to delve into StockOptionsChannel.com.

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