Record Trading Volumes for Options in AdaptHealth, Tesla, and Netflix
Today, trading activity in the Russell 3000 index highlights significant options movements in three major companies: AdaptHealth Corp, Tesla Inc, and Netflix Inc.
AdaptHealth Corp (AHCO) Sees Explosive Options Trading
In AdaptHealth Corp (Symbol: AHCO), the trading volume has reached 54,043 contracts today, equivalent to roughly 5.4 million underlying shares. This figure represents 471.6% of the stock’s average daily trading volume of 1.1 million shares over the last month. Notably, the $10 strike put option expiring January 16, 2026, saw particularly high activity with 27,003 contracts traded, accounting for about 2.7 million underlying shares. Below is a chart depicting AHCO’s trading history over the last twelve months, with the $10 strike visually highlighted in orange:
Tesla Inc (TSLA) Experiences Elevated Options Volume
Tesla Inc (Symbol: TSLA) reported an impressive options trading volume of 3.3 million contracts, corresponding to approximately 326.1 million underlying shares. This volume marks 422.9% of TSLA’s average daily trading volume of 77.1 million shares over the previous month. The $220 strike call option expiring October 11, 2024, generated significant interest, with 222,975 contracts traded, representing about 22.3 million underlying shares. The following chart illustrates TSLA’s trading activity over the past year, highlighting the $220 strike:
Netflix Inc (NFLX) Shows Robust Options Trading
For Netflix Inc (Symbol: NFLX), options trading reached 76,723 contracts today, equivalent to about 7.7 million underlying shares. This number represents 284.3% of NFLX’s average daily trading volume of 2.7 million shares during the past month. The $725 strike call option expiring October 11, 2024, attracted considerable trading, with 6,689 contracts exchanged, which stands for approximately 668,900 underlying shares. Here’s a chart of NFLX’s trading history over the last twelve months, featuring the $725 strike in orange:
For information on available expirations for AHCO, TSLA, or NFLX options, please visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Explore More:
- Top Ten Hedge Funds Holding ATV
- ETFs Holding SSB
- AVNR Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.