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Big Volatility: NFLX, CMG, META Option Surge Noteworthy Friday Option Activity: NFLX, CMG, META

Today, there is a stock market tempest brewing around Netflix Inc (Symbol: NFLX), as the trading floor is buzzing with an extraordinary volume of 225,864 contracts, representing about 22.6 million underlying shares – a staggering 547.8% above their average monthly trading volume. The $500 strike call option expiring January 12, 2024, has seen notably high volume, with 34,331 contracts traded so far today, reflecting approximately 3.4 million underlying NFLX shares.

Meanwhile, Chipotle Mexican Grill Inc (Symbol: CMG) has witnessed a tumultuous whirlwind of options trading with a volume of 6,228 contracts today – roughly 336.4% higher than their average monthly trading volume. The $2340 strike call option expiring January 19, 2024, also experienced a surge in volume, with 479 contracts traded so far today, representing about 47,900 underlying shares of CMG.

And not to be outdone, Meta Platforms Inc (Symbol: META) is caught in the crosscurrents with an options trading volume of 530,832 contracts, equaling approximately 53.1 million underlying shares or about 326.7% of their average monthly trading volume. The $375 strike call option expiring January 12, 2024, showed a remarkable spike in volume, with 59,511 contracts traded so far today, representing roughly 6.0 million underlying shares of META.

For more information on the various expiration options for NFLX options, CMG options, or META options, visit StockOptionsChannel.com.

Also see:

• Institutional Holders of OTLK
• ETFs Holding CP
• Funds Holding RSH

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