Coinbase Global Inc (COIN) experienced significant trading activity today, with a total volume of 129,827 contracts, equating to approximately 13 million underlying shares—138.4% of its average daily trading volume of 9.4 million shares over the past month. Notably, 7,697 contracts were traded for the $200 strike call option expiring on February 6, 2026, representing about 769,700 underlying shares.
Microsoft Corporation (MSFT) saw an even more substantial volume, with 488,376 contracts traded, equivalent to about 48.8 million underlying shares, or 132.6% of its average daily trading of 36.8 million shares. The $420 strike call option expiring February 4, 2026, accounted for 31,157 contracts, representing approximately 3.1 million underlying shares.
Carvana Co (CVNA) had a contract volume of 48,395, covering about 4.8 million underlying shares, amounting to 127.2% of its average daily trading volume of 3.8 million shares. The $375 strike put option expiring on February 6, 2026, saw 2,267 contracts traded, representing approximately 226,700 underlying shares.
