HomeMarket NewsHighlighted Thursday Option Trends: PLTR, BKNG, AMD

Highlighted Thursday Option Trends: PLTR, BKNG, AMD

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Record Options Trading Activity in S&P 500 Components

Today, options trading is buzzing among key players in the S&P 500 index, particularly with Palantir Technologies Inc (Symbol: PLTR), Booking Holdings Inc (Symbol: BKNG), and Advanced Micro Devices Inc (Symbol: AMD).

Palantir Technologies Sees High Volume

Palantir Technologies Inc (Symbol: PLTR) is experiencing significant options trading today, with a total of 612,607 contracts exchanged. This volume translates to around 61.3 million underlying shares, which is an impressive 111.3% of PLTR’s average daily trading volume of 55.0 million shares over the past month. Notably, the $54 strike put option expiring on November 08, 2024, has attracted considerable interest, yielding 36,669 contracts today—equivalent to about 3.7 million underlying shares. The chart below illustrates PLTR’s options trading history, highlighting the $54 strike in orange:

Loading+chart+—+2024+TickerTech.com

Booking Holdings Posts Strong Options Activity

Similarly, Booking Holdings Inc (Symbol: BKNG) is noticing robust options trading, with 2,241 contracts exchanged today. This figure reflects approximately 224,100 underlying shares, or about 102.7% of BKNG’s average daily trading volume of 218,180 shares over the previous month. The $5100 strike call option, set to expire on November 08, 2024, has seen 149 contracts traded today, corresponding to around 14,900 underlying shares. The following chart details BKNG’s trading history, with the $5100 strike marked in orange:

Loading+chart+—+2024+TickerTech.com

Advanced Micro Devices Shows Strong Options Trading

Advanced Micro Devices Inc (Symbol: AMD) is also reporting high options trading volume, with 322,565 contracts exchanged—about 32.3 million underlying shares. This represents 81.5% of AMD’s average daily volume for the past month, which is 39.6 million shares. The $150 strike call option expiring on November 08, 2024, has attracted significant trading, with 37,167 contracts today, equating to roughly 3.7 million underlying shares. Below is AMD’s trading history visualized, with the $150 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

To explore different expiration dates for PLTR, BKNG, or AMD options, visit StockOptionsChannel.com.

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

Also see:
  • SNEX shares outstanding history
  • ORCH Insider Buying
  • MSTR Stock Predictions

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

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