High Options Trading Volume for Netflix, Costco, and Meta Platforms

Recent options trading activity among the components of the Russell 3000 index reveals significant movements today for several companies. Notably, Netflix Inc (Symbol: NFLX) reported a total volume of 165,843 contracts traded so far, equating to approximately 16.6 million underlying shares, as each contract represents 100 shares. This impressive volume is 333.1% of NFLX’s average daily trading volume over the past month, which stands at 5.0 million shares. A standout option is the $1100 strike call expiring on April 17, 2025, where 7,709 contracts traded today, reflecting about 770,900 underlying shares of NFLX. Below is a chart displaying NFLX’s trailing twelve-month trading history, with the $1100 strike highlighted in orange:

In addition, Costco Wholesale Corp (Symbol: COST) is experiencing notable options trading, with a current volume of 54,467 contracts. This number represents approximately 5.4 million underlying shares, which is 194.2% of COST’s average daily trading volume of 2.8 million shares over the past month. The $1050 strike call option set to expire on April 25, 2025, has gained particular attention, with 11,130 contracts trading today, corresponding to about 1.1 million shares of COST. The chart below illustrates COST’s trailing twelve-month trading history, with the $1050 strike marked in orange:

Meanwhile, Meta Platforms Inc (Symbol: META) shows a robust options trading volume of 325,969 contracts today, translating to about 32.6 million underlying shares. This volume represents 146% of META’s average daily trading volume of 22.3 million shares in the past month. High activity was noted for the $520 strike put option expiring on April 17, 2025, with 12,236 contracts traded today, indicating roughly 1.2 million underlying shares of META. Below is a chart showing META’s trailing twelve-month trading history, with the $520 strike highlighted in orange:

For additional options expirations for NFLX, COST, or META, please visit StockOptionsChannel.com.

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