Midweek Highlights: Options Activity in META, MSFT, PAG

Meta Platforms Inc (META) is experiencing significant trading activity, with 282,953 contracts traded today, equating to approximately 28.3 million underlying shares—188.4% of its average daily volume of 15 million shares over the past month. Notably, the $750 strike call option expiring on July 17, 2026, saw 8,629 contracts traded, representing around 862,900 shares.

Microsoft Corporation (MSFT) also reported high options trading, with 610,197 contracts traded, roughly 61 million shares or 187% of its average daily volume of 32.6 million shares. The $460 strike call option expiring on May 1, 2026, accounted for 43,356 contracts traded, translating to about 4.3 million shares.

Additionally, Penske Automotive Group Inc (PAG) showed robust trading of 4,404 contracts, equating to approximately 440,400 shares—175.8% of its average daily volume of 250,535 shares. Today, the $200 strike call option expiring on May 15, 2026, had 4,324 contracts traded, representing around 432,400 shares.