Option Action in Micron Technology Inc. (MU)
Today witnessed substantial options activity in Micron Technology Inc. (MU) as 190,678 contracts exchanged hands, equivalent to about 19.1 million underlying shares. This frenzy represents a remarkable 58.2% of MU’s average daily trading volume over the last month, a figure recording 32.7 million shares.
One particularly striking movement was the $109 strike put option expiring on April 19, 2024, with 10,161 contracts traded, reflecting around 1.0 million underlying shares of MU. This high-volume action undoubtedly caught the eye of many investors and market watchers.
Option Surge in Procter & Gamble Company (PG)
Procter & Gamble Company (PG) also experienced an options spike with 36,524 contracts traded, representing approximately 3.7 million underlying shares. This figure accounts for a substantial 55.4% of PG’s average daily trading volume over the past month, which stands at 6.6 million shares.
The $155 strike put option expiring on April 19, 2024, witnessed a notable surge with 4,075 contracts changing hands, equivalent to around 407,500 underlying shares of PG. Investors are closely monitoring these developments in the PG options arena.
Option Momentum at Applied Materials, Inc. (AMAT)
Applied Materials, Inc. (AMAT) joined the fray with a volume of 24,139 contracts traded, representing approximately 2.4 million underlying shares. This surge signifies a significant 53.8% of AMAT’s average daily trading volume over the past month, which is 4.5 million shares.
The $207.50 strike call option expiring on April 26, 2024, stood out as particularly active, with 3,304 contracts traded, equal to around 330,400 underlying shares of AMAT. This movement has piqued the interest of many AMAT shareholders and traders.
For more information on various expiration options for MU, PG, and AMAT, kindly refer to StockOptionsChannel.com for comprehensive details.
Today’s Most Active Call & Put Options of the S&P 500 »
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