Unusual Options Surge: Amazon, SoFi, Bank of America

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Diving Into The Options Activity

An intriguing Tuesday in the trading world as Amazon.com Inc (AMZN), SoFi Technologies Inc (SOFI), and Bank of America Corp (BAC) shine brightly on the options front. The bell rang with Amazon showing a significant spike today. A hefty amount of 272,896 contracts exchanged hands, depicting 27.3 million underlying shares. This volume constitutes a remarkable 51.1% of AMZN’s month-long average daily trades, painting the canvas for an exciting day indeed.

Amazon Lights Up The Options Arena

Adding more fuel to the fire, the $175 strike call option expiring March 01, 2024, witnessed exceptional action. A staggering 21,804 contracts traded, highlighting a buzzworthy 2.2 million underlying shares. The options dance floor for Amazon is undoubtedly lively today, with traders closely eyeing every move.

SoFi Steps Into the Ring

Stepping into the spotlight, SoFi Technologies Inc (SOFI) dazzled with 324,555 contracts traded today. This flurry of contracts equates to 32.5 million underlying shares, capturing a significant slice of 50.5% of SOFI’s average daily trading volume over the past month. The $9 strike call option expiring March 01, 2024, particularly caught the eye with 26,223 contracts traded, representing about 2.6 million underlying shares. SOFI’s options arena is bustling with activity, making it an exciting player to watch.

Bank of America Joins the Fray

Not one to be left behind, Bank of America Corp (BAC) made its presence known with an options trading volume of 190,563 contracts, carving out a segment of approximately 19.1 million underlying shares. This volume signifies a robust 49.5% of BAC’s average daily trading volume over the past month. The $34.50 strike call option expiring March 01, 2024, witnessed a surge with 26,091 contracts traded, symbolizing around 2.6 million underlying shares of BAC. The scene is set, and Bank of America is eager to play its part in the options drama.

Exploring the Options Landscape

For those keen on exploring the vast expanse of available expirations for AMZN options, SOFI options, or BAC options, a journey to StockOptionsChannel.com beckons with promises of uncovering hidden gems in the trading realm. A world of opportunities awaits, with each expiration opening new doors for traders seeking their next big win.

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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.

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