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Analysis of Noteworthy Thursday Option Activity in META, BA, NFLXExploring Surge in Options Trading Volume for META, BA, and NFLX

Meta Platforms Inc (META)

The trading floor was on fire today as options for Meta Platforms Inc (META) experienced an explosive surge in volume. A total of 770,778 contracts exchanged hands, translating to a staggering 77.1 million underlying shares. This colossal activity represents a monumental 504.8% of META’s average daily trading volume over the past month. Of particular interest was the frenzy surrounding the $520 strike call option expiring on August 02, 2024. A jaw-dropping 33,474 contracts were executed, equivalent to approximately 3.3 million META shares. The charts are alight with excitement, illustrating the immense demand, with the $520 strike glowing bright orange.

META Chart - 2024 TickerTech.com

Boeing Co. (BA)

Meanwhile, Boeing Co. (BA) wasn’t left out of the action. Options trading in BA saw a robust volume of 131,560 contracts, representing about 13.2 million underlying shares or roughly 226.2% of BA’s average daily trading volume over the last month. Traders were notably active in the $180 strike put option expiring on August 02, 2024, with 7,619 contracts changing hands, indicating around 761,900 BA shares. The charts reflect this substantial interest, highlighting the $180 strike in bold orange.

BA Chart - 2024 TickerTech.com

Netflix Inc (NFLX)

Additionally, Netflix Inc (NFLX) stirred the pot with 61,660 contracts in play today. This volume equates to roughly 6.2 million underlying shares, a notable 161.7% of NFLX’s average daily trading volume over the previous month of 3.8 million shares. Noteworthy activity surrounded the $630 strike put option expiring on August 02, 2024, with 4,071 contracts traded so far, denoting approximately 407,100 NFLX shares. The charts mirror this feverish activity, with the $630 strike shining conspicuously in orange.

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NFLX Chart - 2024 TickerTech.com

For further details on available expirations for META, BA, or NFLX options, consult StockOptionsChannel.com.

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