Massive Options Trading Activity in Kyndryl, Tesla, and EQT Sparks Investor Interest

Surging Volume for Kyndryl Holdings

In today’s options trading, Kyndryl Holdings Inc (Symbol: KD) has garnered attention with a remarkable total volume of 26,376 contracts traded. This volume translates to about 2.6 million underlying shares, as each contract represents 100 shares. Notably, this figure signifies 121.4% of KD’s average daily trading volume of 2.2 million shares over the previous month. A significant portion of today’s activity focused on the $27 strike call option, set to expire on January 17, 2025, with 12,905 contracts exchanged. This represents roughly 1.3 million shares of KD. Below is a chart depicting KD’s trading history over the last twelve months, with the $27 strike highlighted in orange:

High Demand for Tesla Options

Tesla Inc (Symbol: TSLA) also experienced a strong options trading day with 1.4 million contracts, which represents approximately 136.6 million underlying shares. This figure is about 117% of TSLA’s average daily trading volume of 116.7 million shares over the past month. A substantial volume was noted for the $350 strike call option expiring on November 22, 2024, with 64,496 contracts traded, equating to about 6.4 million shares of TSLA. Below is a chart showing TSLA’s trading history, with the $350 strike highlighted in orange:

EQT Corp Sees Significant Options Activity

EQT Corp (Symbol: EQT) recorded options trading of 81,276 contracts today. This is equivalent to around 8.1 million underlying shares, amounting to 113.6% of EQT’s average daily trading volume of 7.2 million shares over the past month. The $48 strike call option expiring on January 17, 2025, was particularly popular, with 38,217 contracts traded, representing approximately 3.8 million shares of EQT. Below is a chart illustrating EQT’s trading history over the past twelve months, with the $48 strike highlighted in orange:

For further information about the various options expirations available for KD, TSLA, or EQT, you can visit StockOptionsChannel.com.

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