Midweek Highlights in Options Trading: COST, AMZN, GOOG

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Costco Wholesale Corp (COST) experienced significant trading activity on October 5, 2023, with a total of 18,305 contracts traded, representing approximately 1.8 million underlying shares. This volume accounts for 73.8% of its average daily trading volume over the past month, which is 2.5 million shares. The most notable activity was seen in the $940 strike call option expiring on December 5, 2025, with 1,165 contracts traded, equivalent to 116,500 underlying shares.

Amazon.com Inc (AMZN) noted trading volume of 290,931 contracts, translating to approximately 29.1 million underlying shares, or 65% of its average daily trading volume of 44.7 million shares for the past month. Particular interest was observed in the $235 strike call option expiring on December 5, 2025, with 18,545 contracts exchanging hands, representing about 1.9 million underlying shares.

Alphabet Inc (GOOG) saw options trading volume of 181,623 contracts, or roughly 18.2 million underlying shares, which constitutes 64.3% of its average monthly trading volume of 28.2 million shares. The $320 strike call option expiring on December 5, 2025 accounted for 12,599 contracts traded, representing approximately 1.3 million underlying shares.

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