Advanced Micro Devices Inc (AMD) – Call Options Spike
Volume in AMD options ramped up on Monday, catching the eye of many investors. A whopping 359,898 contracts traded, equivalent to about 36.0 million underlying shares – a staggering 48.2% of the tech giant’s typical daily trading volume. The $180 strike call option expiring in March 01, 2024, stood out with 31,956 contracts traded, representing approximately 3.2 million AMD shares. The surge in activity showcased a significant interest in betting on AMD’s future performance, painting a vivid picture of the market sentiment towards the stock.
Upstart Holdings Inc (UPST) – Call Options Surge
Meanwhile, Upstart Holdings Inc (UPST) also experienced a flurry of options activity. 44,597 contracts, translating to approximately 4.5 million shares, changed hands – a remarkable 48% of UPST’s average daily trading volume. The $25.50 strike call option expiring in March 01, 2024, saw substantial action, with 6,078 contracts traded, representing about 607,800 underlying shares of UPST. The surge in call options indicated optimism among traders towards the future trajectory of UPST stock.
Alamo Group, Inc. (ALG) – Put Options in Focus
Lastly, Alamo Group, Inc. (ALG) witnessed notable options activity, with 331 contracts traded, representing roughly 33,100 shares – a considerable 46.7% of ALG’s average daily trading volume. The $80 strike put option expiring in March 15, 2024, garnered significant attention, with 190 contracts traded, equivalent to around 19,000 shares of ALG. The surge in put options hinted at a possible bearish sentiment surrounding the stock in the near term.
For more information on the range of available expirations for AMD, UPST, or ALG options, investors can explore StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
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