Significant Monday Options Trading Insights: FSLY, ENVX, ZM

Published On: December 2, 2024 11:09 pm

High Trading Volume Highlights Activity in Fastly, Enovix, and Zoom Stock Options

Investor interest is picking up in the options markets today, particularly for Fastly Inc (Symbol: FSLY), Enovix Corp (Symbol: ENVX), and Zoom Communications Inc (Symbol: ZM). These companies have experienced significant trading activity, signaling that traders are eager to place bets on their future stock movements.

Fastly Inc (FSLY) Sees Surge in Options Trading

Fastly Inc has seen remarkable options trading volume today, with 41,106 contracts exchanged. This represents about 4.1 million underlying shares, or around 120.8% of FSLY’s average daily trading volume over the past month, which was 3.4 million shares. The $10 strike call option, expiring December 06, 2024, experienced particularly high interest, with 4,430 contracts traded, accounting for approximately 443,000 underlying shares of FSLY. Below is a chart showing FSLY’s trading history over the past twelve months, with the $10 strike indicated in orange:

Fastly Trading Chart

Enovix Corp (ENVX) Draws Strong Options Interest

Enovix Corp recorded 51,774 options contracts traded today, reflecting about 5.2 million underlying shares. This figure represents approximately 101.9% of ENVX’s average daily trading volume for the past month, which stood at 5.1 million shares. The $11 strike call option, expiring December 06, 2024, attracted significant trading, with 4,950 contracts, equating to roughly 495,000 underlying shares of ENVX. Below is the chart showing ENVX’s twelve-month trading history, with the $11 strike highlighted in orange:

Enovix Trading Chart

Zoom Communications Inc (ZM) Enthralls Traders

Zoom Communications Inc has experienced an impressive options trading volume of 44,701 contracts today. This corresponds to about 4.5 million underlying shares or nearly 97.9% of ZM’s average daily trading volume of 4.6 million shares over the past month. The $130 strike call option, set to expire January 17, 2025, saw particularly strong trading interest, with 17,987 contracts traded, representing around 1.8 million underlying shares of ZM. Below is the chart reflecting ZM’s trading history for the last twelve months, with the $130 strike marked in orange:

Zoom Trading Chart