Diving into Monday’s Noteworthy Options Activity: Take-Two, PepsiCo, Oracle

Take-Two Interactive Software, Inc. (TTWO)

Take-Two Interactive Software, Inc. (TTWO) witnessed a flurry of options trading activity today, with a significant volume of 12,763 contracts exchanged, equivalent to approximately 1.3 million underlying shares. This volume constituted a substantial 67.2% of TTWO’s average daily trading activity over the past month, showcasing heightened investor interest.

One particular highlight was the $155 strike call option expiring on April 19, 2024, with an impressive 3,829 contracts traded, representing roughly 382,900 underlying shares of TTWO. This surge in trading activity indicates a focused investor sentiment regarding the future performance of the company.

PepsiCo Inc (PEP)

Option trades in PepsiCo Inc (PEP) were robust as well, with a total of 42,122 contracts changing hands, translating to around 4.2 million underlying shares or about 65.8% of PEP’s average daily trading volume over the previous month.

The $170 strike call option expiring on March 22, 2024, stood out with 3,808 contracts traded, representing close to 380,800 underlying shares of PEP. This heightened activity indicates a keen interest from market participants in the short-term prospects for PepsiCo.

Oracle Corp (ORCL)

Oracle Corp (ORCL) experienced notable options trading today, with a total volume of 72,567 contracts, which equals approximately 7.3 million underlying shares or around 62.2% of ORCL’s average daily trading volume over the past month.

Of particular interest was the $127 strike call option expiring on March 22, 2024, with 5,283 contracts traded, representing roughly 528,300 underlying shares of ORCL. This uptick in trading volume suggests an optimistic outlook among investors regarding Oracle’s future performance.

For a comprehensive view of the available expirations for options of TTWO, PEP, or ORCL, investors can explore StockOptionsChannel.com.

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