Increased Options Trading Activity for Costco, Coinbase, and Meta
Today, there has been significant activity in options trading among components of the Russell 3000 index. Costco Wholesale Corp (Symbol: COST) has registered a total volume of 64,193 contracts traded so far, equating to roughly 6.4 million underlying shares. This volume represents 261.9% of COST’s recent average daily trading volume of 2.5 million shares over the past month. Notably, the $800 strike put option, expiring March 28, 2025, has been particularly active with 8,407 contracts traded, representing about 840,700 underlying shares. The chart below shows COST’s trailing twelve-month trading history, with the $800 strike highlighted in orange:
Coinbase Global Inc (Symbol: COIN) is also experiencing high trading volumes. So far today, 310,185 contracts have changed hands, which corresponds to approximately 31.0 million underlying shares. This quantity represents 261.4% of COIN’s average daily trading volume of 11.9 million shares over the last month. The $195 strike call option, set to expire on March 21, 2025, has seen significant activity as well, with 40,808 contracts traded today, encompassing around 4.1 million underlying shares. The chart below depicts COIN’s trailing twelve-month trading history, with the $195 strike highlighted in orange:
Lastly, Meta Platforms Inc (Symbol: META) has recorded an impressive options trading volume of 403,948 contracts, translating to approximately 40.4 million underlying shares, or about 244.5% of META’s average daily trading volume of 16.5 million shares for the past month. The $610 strike call option, expiring March 14, 2025, has attracted notable interest today, with 21,210 contracts traded, representing around 2.1 million underlying shares. Below is a chart illustrating META’s trailing twelve-month trading history, with the $610 strike highlighted in orange:
For details on available expirations for options related to COST, COIN, or META, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also See:
- Top Ten Hedge Funds Holding IQI
- IWL Market Cap History
- ICMB Insider Buying
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
