Surge in Options Trading Volume for MicroStrategy, Zoom, and Medical Properties Trust
Among the components of the Russell 3000 index, several stocks experienced a significant surge in options trading today. Notably, MicroStrategy Inc. (Symbol: MSTR) recorded a total of 507,971 contracts traded, which equates to approximately 50.8 million underlying shares. This figure represents about 358.6% of MSTR’s average daily trading volume over the past month of 14.2 million shares.
Particularly strong activity was noted for the $420 strike call option expiring on May 23, 2025, with 27,042 contracts traded today, representing roughly 2.7 million underlying shares. The accompanying chart below illustrates MSTR’s trading history over the past twelve months, with the $420 strike highlighted in orange:
In addition, Zoom Communications Inc. (Symbol: ZM) saw options trading volume of 37,004 contracts, corresponding to about 3.7 million underlying shares. This activity represents approximately 191.2% of ZM’s average daily trading volume of 1.9 million shares over the last month. High volume was observed for the $87 strike call option expiring on May 23, 2025, with 2,593 contracts traded today, representing about 259,300 underlying shares. The chart below depicts ZM’s twelve-month trading history, with the $87 strike highlighted in orange:
Medical Properties Trust Inc. (Symbol: MPW) also showed considerable options activity, with 132,821 contracts traded so far today. This volume accounts for approximately 13.3 million underlying shares, which amounts to a robust 150.2% of MPW’s average daily trading volume of 8.8 million shares over the past month. Notably, the $4.50 strike put option set to expire on August 15, 2025, recorded particularly high volume, with 61,373 contracts traded, representing around 6.1 million underlying shares. Below is a chart illustrating MPW’s trading history over the past twelve months, with the $4.50 strike highlighted in orange:
For a comprehensive overview of available expirations for MSTR, ZM, or MPW options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
