Significant options trading volume was recorded today for major companies within the S&P 500 index. Netflix Inc (NFLX) saw a total of 134,017 contracts traded, equating to 13.4 million underlying shares, which is 338.3% above its average daily volume of 4 million shares. Notably, the $1205 strike call option expiring on August 8, 2025, had 8,043 contracts traded, representing about 804,300 underlying shares.
Tesla Inc (TSLA) reported an even more substantial options volume, with 2.5 million contracts traded, representing approximately 254.7 million underlying shares, or 284.4% of its average daily volume of 89.6 million shares. The $330 strike call option expiring on August 8, 2025, accounted for 214,953 contracts, equivalent to around 21.5 million underlying shares.
Alphabet Inc (GOOGL) had an options trading volume of 693,940 contracts, representing approximately 69.4 million underlying shares, about 179.7% of its average daily volume of 38.6 million shares. The $200 strike call option expiring on August 8, 2025, saw 81,535 contracts traded, translating to roughly 8.2 million underlying shares.
