Surge in Options Trading for Major S&P 500 Stocks
First Solar, Tesla, and Amazon Experience Significant Market Activity
Looking at options trading activity among components of the S&P 500 index, notable movements have emerged today. First Solar Inc (Symbol: FSLR) has seen an impressive total volume of 25,373 contracts traded. This volume translates to approximately 2.5 million underlying shares, as each contract corresponds to 100 shares. This total represents a remarkable 153.2% of FSLR’s average daily trading volume over the past month, which stands at 1.7 million shares. The $192.50 strike put option expiring January 24, 2025, has garnered particular attention, with 6,033 contracts traded today, accounting for around 603,300 underlying shares of FSLR. Below is a chart illustrating FSLR’s trailing twelve-month trading history, with the $192.50 strike highlighted in orange:
Meanwhile, Tesla Inc (Symbol: TSLA) options are witnessing a robust volume of 1.3 million contracts traded thus far, representing about 130.8 million underlying shares. This marks a substantial 151.1% of TSLA’s average daily trading volume of 86.6 million shares over the last month. The $450 strike call option expiring January 24, 2025, has been particularly active, with 66,857 contracts traded so far today, equating to roughly 6.7 million underlying shares of TSLA. Below is a chart displaying TSLA’s trailing twelve-month trading history, with the $450 strike highlighted:
Amazon.com Inc (Symbol: AMZN) has not been left out, registering options trading volume of 475,374 contracts. This figure represents around 47.5 million underlying shares, approximately 147.4% of AMZN’s average daily trading volume of 32.2 million shares over the past month. Significant activity has been observed for the $232.50 strike call option expiring January 24, 2025, with 61,328 contracts trading so far today—accounting for about 6.1 million underlying shares of AMZN. Below is a chart showcasing AMZN’s trailing twelve-month trading history, with the $232.50 strike highlighted:
Interested investors can explore the various available expirations for options on FSLR, TSLA, or AMZN by visiting StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- BLBD Insider Buying
- Funds Holding UGAC
- Institutional Holders of FCA
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.