Chipotle Mexican Grill Inc (CMG)
Chipotle Mexican Grill Inc (CMG) witnessed a surge in options trading volume on Tuesday, with 4,689 contracts traded, equivalent to about 468,900 underlying shares. This figure represents an impressive 165.5% of CMG’s average daily trading volume over the past month. Of particular interest was the $2750 strike put option expiring on June 21, 2024, with 425 contracts exchanging hands, translating to approximately 42,500 underlying shares. Investors closely eyeing volatility could hardly ignore this robust activity.
Netflix Inc (NFLX)
Netflix Inc (NFLX) also caught the attention of options traders, with a total of 38,455 contracts traded, representing about 3.8 million underlying shares. This volume amounts to a significant 145% of NFLX’s average daily trading volume over the past month. Notably, the $500 strike put option expiring on April 19, 2024, saw 1,342 contracts traded, indicating around 134,200 underlying shares of NFLX. The market dynamics were certainly at play on Tuesday, reflecting investors’ sentiment towards NFLX.
NVIDIA Corp (NVDA)
NVIDIA Corp (NVDA) experienced robust options trading activity, with 488,717 contracts changing hands, representing about 48.9 million underlying shares. This volume constituted a significant 102% of NVDA’s average daily trading volume over the past month. The $900 strike call option expiring on April 19, 2024, stood out with 25,841 contracts traded, equivalent to approximately 2.6 million underlying shares of NVDA. Investors clearly had their focus on NVDA amidst the flurry of market activities.
For more insights on the available expirations for CMG, NFLX, and NVDA options, interested parties can visit StockOptionsChannel.com for a detailed analysis of the options landscape.