Steel Dynamics, Amazon, and Microsoft See Surging Options Trading Volume
In today’s market activity within the S&P 500 index, several companies are experiencing significant options trading volume. Notably, Steel Dynamics Inc. (Symbol: STLD) has seen a total of 12,786 contracts traded so far, equating to roughly 1.3 million underlying shares. This volume makes up about 77.7% of STLD’s average daily trading volume, which stands at 1.6 million shares over the past month. The $125 strike call option, set to expire on January 17, 2025, has been particularly active, with 2,720 contracts changing hands today, representing approximately 272,000 underlying shares. The chart below illustrates STLD’s trading history over the past twelve months, with the $125 strike option highlighted in orange:
Amazon.com Inc (Symbol: AMZN) is also making waves with options trading volume of 236,624 contracts, which translates to around 23.7 million underlying shares. This figure corresponds to 71.7% of AMZN’s average daily trading volume of 33.0 million shares over the past month. There has been a notable increase for the $220 strike call option expiring January 17, 2025, where 20,144 contracts have traded today, accounting for about 2.0 million underlying shares. The following chart displays AMZN’s trading activity over the last twelve months, with the $220 strike highlighted in orange:
Meanwhile, Microsoft Corporation (Symbol: MSFT) has reported options trading volume of 141,709 contracts today. This translates to approximately 14.2 million underlying shares, which constitutes 70% of MSFT’s average daily trading volume of 20.2 million shares over the past month. A significant amount of activity has been noted for the $410 strike put option, also expiring on January 17, 2025, with 7,086 contracts recorded today, representing around 708,600 underlying shares. Below is the chart illustrating MSFT’s trading history for the past twelve months, with the $410 strike option highlighted in orange:
For more detailed information on available expirations for STLD, AMZN, or MSFT options, you can visit StockOptionsChannel.com.
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Also see:
- WFH Options Chain
- Institutional Holders of ECCV
- CNBC 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.