Options trading was buzzing on Thursday in the world of finance, with Netflix Inc (NFLX), NVIDIA Corp (NVDA), and Under Armour Inc (UAA) taking the spotlight. Let’s delve into the remarkable activity that unfolded.
Netflix Inc (NFLX)
The Russell 3000 index witnessed significant options trading volume for Netflix Inc (NFLX) on Thursday. A total of 89,953 contracts exchanged hands, translating to around 9.0 million underlying shares. This surge accounted for a whopping 271% of NFLX’s average daily trading volume over the past month. Of particular interest were the $620 strike call options expiring on March 15, 2024, with 9,777 contracts traded, representing approximately 977,700 shares. The trading history chart below exemplifies NFLX’s movement, with the $620 strike highlighted in orange.
NVIDIA Corp (NVDA)
NVIDIA Corp (NVDA) also witnessed a flurry of options activity, with 1.4 million contracts traded on Thursday. This volume equated to about 139.4 million underlying shares, a substantial 227.9% of NVDA’s average daily trading volume over the past month. Noteworthy was the high volume experienced with the $900 strike call options expiring on March 15, 2024. A total of 92,214 contracts were executed, representing roughly 9.2 million shares. The chart below illustrates NVDA’s trading history, highlighting the $900 strike in orange.
Under Armour Inc (UAA)
In the realm of Under Armour Inc (UAA), options trading saw a total volume of 80,096 contracts on Thursday. This figure corresponded to approximately 8.0 million underlying shares, which represented a notable 140.1% of UAA’s average daily trading volume over the past month. The $7.50 strike put options expiring on September 20, 2024, garnered significant attention, with 54,254 contracts traded, reflecting about 5.4 million shares. The chart below depicts UAA’s trading history, with the $7.50 strike highlighted in orange.
For more information on available expirations for NFLX, NVDA, or UAA options, visit StockOptionsChannel.com.
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