Microsoft Corporation (MSFT)
In today’s trading, Microsoft Corporation (MSFT) caught the eye of many investors as notable options trading activity unfolded. A total of 209,631 contracts have changed hands so far, equivalent to about 21.0 million underlying shares. This volume represents a staggering 98.4% of MSFT’s average daily trading volume over the past month, standing at 21.3 million shares. The spotlight shone particularly bright on the $410 strike call option expiring on March 08, 2024, with 18,116 contracts traded today, accounting for approximately 1.8 million underlying shares of MSFT. All eyes were on Microsoft today as the market buzzed with activity. The options market for MSFT has indeed seen some extraordinary movements today, reminiscent of the ebbs and flows of the past.
Starbucks Corp. (SBUX)
Similarly, Starbucks Corp. (SBUX) experienced a surge in options trading today, with a volume of 53,039 contracts changing hands. This volume represents roughly 5.3 million underlying shares, translating to a substantial 68.7% of SBUX’s average daily trading volume over the past month, of 7.7 million shares. The $95 strike call option expiring on March 28, 2024, saw significant activity, with 12,030 contracts traded today, or around 1.2 million underlying shares of SBUX exchanging hands. The options market for SBUX experienced a jolt of energy today, reminiscent of a lively coffee shop bustling with activity.
Freeport-McMoran Copper & Gold (FCX)
Freeport-McMoran Copper & Gold (FCX) was another stock in focus today, with options trading volume reaching 73,828 contracts. This figure represents roughly 7.4 million underlying shares, accounting for about 64.5% of FCX’s average daily trading volume over the past month, which stands at 11.4 million shares. The $40.50 strike call option expiring on March 08, 2024, saw significant action, with 11,059 contracts traded today, equaling approximately 1.1 million underlying shares of FCX. The options market for FCX glittered with activity today, much like a treasure trove of trading opportunities.
For additional information on the available expirations for MSFT, SBUX, or FCX options, interested investors can explore more at StockOptionsChannel.com.
