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Significant Option Activity for Top Companies Tracking Explosive Option Activity: COST, NFLX, META

Costco Wholesale Corp (COST)

An explosion of 63,166 option contracts has occurred today—a fierce frenzy representing approximately 6.3 million underlying shares. This hectic trading volume towers at 336.4% of COST’s normal month-long trading volume. Noteworthy among the chaos is the $1000 strike call option, with 1,741 contracts traded today, embodying about 174,100 COST shares.

Feast your eyes on the chart illustrating COST’s tumultuous year of trading history, with the $1000 strike shining brightly in orange:

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Netflix Inc (NFLX)

Netflix Inc is no stranger to the excitement, with 87,569 option contracts wildly changing hands today—a raucous representation of approximately 8.8 million underlying shares or 324% of NFLX’s usual daily trading volume. Notably, the $720 strike call option is on fire today, with 5,917 contracts, showcasing about 591,700 NFLX shares.

Take a glance at the chart mapping out NFLX’s eventful trading history, the $720 strike gleaming in luminous orange:

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Meta Platforms Inc (META)

The storm is raging over at Meta Platforms Inc, clocking in at 362,678 option contracts today—equating to a staggering 36.3 million underlying shares, an impressive 306.8% surge above META’s average trading volume. Particularly tumultuous is the $570 strike put option, with a gale of 29,760 contracts trading today, representing around 3.0 million META shares.

Dive into the wild seas of META’s trading history depicted in the chart below, as the $570 strike leaps out in a vibrant shade of orange:

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For more insights into the universe of COST options, NFLX options, or META options, navigate to StockOptionsChannel.com.

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