Burst of Activity for Chubb Ltd (CB)
While the stock market dances to the tune of options trading, today it was Chubb Ltd (CB) that took center stage with a staggering total volume of 19,881 contracts changing hands. That hefty figure translates into a whopping 2.0 million underlying shares—enough to make seasoned traders do a double-take. The fervor on the trading floor reached a crescendo with the $270 strike call option for May17, 2024, seeing a brisk 2,496 contracts traded, showcasing approximately 249,600 underlying shares of CB. Such remarkable figures suggest an enthusiastic market hungry for action. The current trading activity stands at 127.8% higher than CB’s average daily trading volume in the past month, which itself hovers around 1.6 million shares. The trading chart for CB’s trailing twelve months bears witness to this exhilarating surge, with the $270 strike glowing in vivid orange hues, standing out like a luminous beacon amidst the sea of data.
Rising Tide: Netflix Inc (NFLX)
Shifting gears to Netflix Inc (NFLX), the options market witnessed a flurry of activity with a significant volume of 59,325 contracts being traded. This colossal number of contracts translates to approximately 5.9 million underlying shares, accounting for a substantial 127.1% of NFLX’s average daily trading volume over the past month, which stands at 4.7 million shares. The $630 strike call option for May 17, 2024, stole the spotlight, with 3,620 contracts changing hands, amounting to about 362,000 underlying shares of NFLX. The trading chart for NFLX paints a vivid picture of this surge, with the $630 strike gleaming like a beacon amidst the historical data, emanating a bright orange glow of activity.
Booking Holdings Inc (BKNG) Making Waves
The options trading arena also witnessed a surge of activity in Booking Holdings Inc (BKNG), with 2,724 contracts exchanging hands, representing approximately 272,400 underlying shares or about 108.5% of BKNG’s average daily trading volume over the past month, which is around 250,965 shares. The $2600 strike put option for May 24, 2024, garnered particular attention, with 453 contracts traded so far, signifying roughly 45,300 underlying shares of BKNG. The trading chart for BKNG over the previous twelve months showcases this recent surge, with the $2600 strike shining brightly in orange, a testimony to the heightened interest in BKNG options.
For more insights into the various expiration options for CB, NFLX, or BKNG, be sure to visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also of Interest:
Dive into PB Stock Predictions
Discover Funds Holding LBY
Explore the PRTA Average Annual Return