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Heavy Options Trading Activity Highlights META, NFLX, AAPL


Meta Platforms Inc (META)

Meta Platforms Inc (META) witnessed notable options trading volume today, with a total of 383,021 contracts exchanging hands, equivalent to around 38.3 million underlying shares. This represents an impressive 291.7% of META’s average daily trading volume over the past month, emphasizing a surge in market activity.

Of particular interest was the $490 strike call option expiring on July 19, 2024, which saw 28,970 contracts being traded so far today, symbolizing roughly 2.9 million underlying shares of META. This heightened activity reflects a bullish sentiment in the market, with investors eyeing potential uptrends.

Visualizing META’s trading history, the chart below depicts the impact of the $490 strike option, illustrated in an orange hue:

Loading chart - TickerTech.com

Netflix Inc (NFLX)

Netflix Inc (NFLX) saw options trading volume of 40,969 contracts today, equivalent to approximately 4.1 million underlying shares or about 137.7% of NFLX’s average daily trading volume over the past month.

Market attention gravitated towards the $710 strike call option expiring on July 19, 2024, where 1,141 contracts traded today, representing roughly 114,100 underlying shares of NFLX. This surge in volume underscores a positive market sentiment towards the stock’s potential growth.

Reflecting on NFLX’s trading history, the chart below highlights the impact of the $710 strike option in an illustrative orange shade:

Loading chart - TickerTech.com

Apple Inc (AAPL)

Apple Inc (AAPL) observed options trading volume of 812,311 contracts today, representing approximately 81.2 million underlying shares or around 111.9% of AAPL’s average daily trading volume over the past month.

The $230 strike call option expiring on July 19, 2024, stood out with 52,465 contracts traded today, symbolizing roughly 5.2 million underlying shares of AAPL. This heightened interest indicates a favorable market outlook towards the stock’s future performance.

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Reviewing AAPL’s trading history, the chart below showcases the influence of the $230 strike option highlighted in striking orange:

Loading chart - TickerTech.com

To explore the array of available expirations for META, NFLX, or AAPL options, investors can refer to StockOptionsChannel.com for detailed information and insights.