Surge in Options Trading: GXO Logistics, Microsoft, and Amazon Catch Investor Attention

GXO Logistics Sees Unprecedented Activity

Significant options trading is taking place in GXO Logistics Inc (Symbol: GXO), where 17,529 contracts have been traded today. This volume equates to about 1.8 million underlying shares due to the standard 100 shares per contract. Notably, this trading activity represents 126.4% of GXO’s average daily trading volume of 1.4 million shares over the past month.

A particularly high volume was recorded for the $47.50 strike put option set to expire on December 20, 2024, with 8,195 contracts traded today, equivalent to approximately 819,500 underlying shares. Below, you can observe the trailing twelve-month trading history for GXO, with the $47.50 strike marked in orange:

Microsoft’s Options Trading Volume on the Rise

Microsoft Corporation (Symbol: MSFT) has experienced a robust trading volume of 257,790 contracts today, translating to approximately 25.8 million underlying shares. This figure represents about 121.6% of the average daily trading volume of 21.2 million shares over the last month.

There has been significant activity in the $445 strike call option, also expiring on December 20, 2024, with 14,150 contracts traded, corresponding to around 1.4 million underlying shares. The chart below depicts MSFT’s trailing twelve-month trading history, highlighting the $445 strike in orange:

Amazon’s Trading Activity Reflects Strong Investor Interest

Amazon.com Inc (Symbol: AMZN) has recorded 401,894 options contracts traded so far today, representing about 40.2 million underlying shares. This volume amounts to 107% of AMZN’s average daily trading volume of 37.6 million shares over the past month.

High trading volume was noted for the $230 strike call option, expiring on December 20, 2024, with 21,459 contracts exchanged today, which translates to approximately 2.1 million underlying shares. The following chart illustrates Amazon’s trailing twelve-month trading history, with the $230 strike highlighted in orange:

To explore different expiration options for GXO, MSFT, or AMZN, visit StockOptionsChannel.com.

Check out Today’s Most Active Call & Put Options of the S&P 500 »

Additional Information:

• Top Stocks Held By Louis Bacon
• Institutional Holders of ACAT
• BELFB Split History

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.