Surge in Options Trading: BKNG, AMD, and LULU Show Strong Activity
Today’s trading session revealed significant options volume for key S&P 500 companies. Notably, Booking Holdings Inc (Symbol: BKNG) recorded 1,885 contracts, equivalent to around 188,500 underlying shares. This figure represents about 96.6% of BKNG’s average daily trading volume over the past month, which stands at 195,085 shares. The $4330 strike call option set to expire on October 18, 2024, experienced particularly high interest, with 106 contracts exchanged, translating to roughly 10,600 underlying shares. Below is a chart depicting BKNG’s trading history for the past twelve months, with the $4330 strike noted in orange:
Advanced Micro Devices Inc (Symbol: AMD) highlighted its popularity in the options market today with 328,463 contracts traded. This translates to about 32.8 million underlying shares, or a substantial 91.2% of AMD’s average daily trading volume of 36.0 million shares over the past month. The $160 strike call option, also expiring on October 18, 2024, was particularly active, with 84,497 contracts changing hands, representing around 8.4 million underlying shares. The following chart illustrates AMD’s trading history for the last twelve months, with the $160 strike highlighted in orange:
Additionally, lululemon athletica inc (Symbol: LULU) reported options trading volume of 14,554 contracts, which equates to approximately 1.5 million underlying shares, or around 71.7% of LULU’s average daily trading volume of 2.0 million shares over the previous month. The $560 strike call option expiring on June 20, 2025, noted significant activity, with 670 contracts traded, representing around 67,000 underlying shares. The accompanying chart showcases LULU’s twelve-month trading history, with the $560 strike marked in orange:
For more details on the various expiration dates for options on BKNG, AMD, or LULU, please visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Top Ten Hedge Funds Holding IF
- REFR Average Annual Return
- LMB Historical Stock Prices
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
