HomeMarket NewsNotable Friday Option Activity: GOOGL, AMAT, AXP

Notable Friday Option Activity: GOOGL, AMAT, AXP

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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Alphabet Inc (Symbol: GOOGL), where a total volume of 159,407 contracts has been traded thus far today, a contract volume which is representative of approximately 15.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.5% of GOOGL’s average daily trading volume over the past month, of 29.8 million shares. Particularly high volume was seen for the $167.50 strike put option expiring May 10, 2024, with 23,819 contracts trading so far today, representing approximately 2.4 million underlying shares of GOOGL. Below is a chart showing GOOGL’s trailing twelve month trading history, with the $167.50 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

Applied Materials, Inc. (Symbol: AMAT) options are showing a volume of 20,580 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 45.8% of AMAT’s average daily trading volume over the past month, of 4.5 million shares.
Especially high volume was seen for the $210 strike call option expiring May 10, 2024, with 4,494 contracts trading so far today, representing approximately 449,400 underlying shares of AMAT. Below is a chart showing AMAT’s trailing twelve month trading history, with the $210 strike highlighted in orange:

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And American Express Co. (Symbol: AXP) saw options trading volume of 14,500 contracts, representing approximately 1.4 million underlying shares or approximately 40.4% of AXP’s average daily trading volume over the past month, of 3.6 million shares.
Particularly high volume was seen for the $240 strike call option expiring May 10, 2024, with 1,122 contracts trading so far today, representing approximately 112,200 underlying shares of AXP. Below is a chart showing AXP’s trailing twelve month trading history, with the $240 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for GOOGL options, AMAT options, or AXP options, visit StockOptionsChannel.com.

nslideshowToday’s Most Active Call & Put Options of the S&P 500 »

Also see:

• PWR Next Dividend Date
• Funds Holding GACQ
• ETFs Holding GLOB

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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