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Trading Frenzy: Options Surge for GS, FDX, and AAPL

Goldman Sachs Group Inc (GS)

A whirlwind hit the trading floor today as options trading volume for Goldman Sachs Group Inc (GS) reached staggering levels. A total of 68,540 contracts have exchanged hands, representing approximately 6.9 million underlying shares. This massive activity amounts to about 303.6% of GS’s average daily trading volume over the past month — 2.3 million shares. The $415 strike call option expiring March 22, 2024, stole the spotlight with 8,640 contracts traded today, symbolizing around 864,000 underlying shares of GS. Investors can witness GS’s turbulent trading history in a chart below, with the $415 strike shining in orange hue:

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FedEx Corp (FDX)

Meanwhile, FedEx Corp (FDX) saw a storm of options trading, with 43,616 contracts traded so far today. This figure represents approximately 4.4 million underlying shares, translating to a substantial 269.3% of FDX’s average daily trading volume over the last month — 1.6 million shares. The $257.50 strike put option expiring March 22, 2024, garnered significant attention with 1,842 contracts traded today, indicating around 184,200 underlying shares of FDX. A chart depicting FDX’s fluctuating trading history is displayed below, showcasing the $257.50 strike in vivid orange:

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Apple Inc (AAPL)

In a similar vein, Apple Inc (AAPL) experienced a surge in options activity, with a whopping 1.5 million contracts traded today. This high volume represents approximately 148.1 million underlying shares, amounting to a significant 212.1% of AAPL’s average daily trading volume over the past month — 69.8 million shares. The $170 strike put option expiring March 22, 2024, witnessed particularly frenzied trading with 122,638 contracts exchanged today, signifying roughly 12.3 million underlying shares of AAPL. AAPL’s trading journey can be visualized below, highlighting the $170 strike in a compelling orange hue:

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For a deeper dive into the available expirations for GS, FDX, and AAPL options, head over to StockOptionsChannel.com.

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