Arista Networks Inc (ANET): A Frenzy of Activity
Options traders have set Arista Networks Inc (ANET) ablaze today, with a total volume reaching 11,470 contracts. This translates to about 1.1 million underlying shares – a mighty ripple in the vast market pond where ANET swims. The surge, 47.7% of the average daily volume over the past month, is like a sudden gust of wind shaking leaves off a sturdy oak tree. Notably, the $310 strike call option expiring in 2024 stole the limelight with 770 contracts traded. This represents approximately 77,000 shares, sparking excitement akin to finding a hidden gem in the stock market treasure trove. The chart for ANET’s trading activity over the last twelve months, with the $310 strike highlighted in vibrant orange, paints a vivid picture of today’s trading frenzy:
Spotify Technology SA (SPOT): Harmonious Options Symphony
Spotify Technology SA (SPOT) also danced to the tune of high options volume, clocking in at 8,259 contracts today. This signals approximately 825,900 underlying shares changing hands, creating ripples in SPOT’s trading waters. The volume today, comprising about 46.8% of the average daily volume over the past month, is like a crescendo of a well-conducted symphony orchestra. The $260 strike call option expiring in 2024 caught the spotlight with 400 contracts traded – a harmonious melody that resonated with approximately 40,000 underlying shares. The chart below, showing SPOT’s trading history with the $260 strike shining like a musical note in orange, captures the rhythm of today’s options trading:
Synopsys Inc (SNPS): A Plot Twist in Options Trading
Synopsys Inc (SNPS) witnessed a plot twist in options trading, with a volume of 4,812 contracts today – equivalent to approximately 481,200 underlying shares. This surge, representing around 46.4% of the average daily volume over the past month, is like an unexpected turn in a gripping novel. The $550 strike put option expiring in March 2024 stole the show with 1,014 contracts traded, reflecting about 101,400 underlying shares. The chart illustrating SNPS’s trading history with the $550 strike highlighted in a bold orange hue brings this twist in the tale to life:
For more insights on available expirations for ANET, SPOT, or SNPS options, explore StockOptionsChannel.com.
For the latest on the most active call and put options of the S&P 500, dive in here »
Also see:
Institutional Holders of BPT
GACR Insider Buying
Big Lots Historical PE Ratio
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