On October 4, 2023, notable trading volumes were reported for several S&P 500 index components. Tesla Inc (TSLA) experienced a total of 1.4 million options contracts traded, equivalent to approximately 138.4 million underlying shares, which is 112.6% of its average daily volume of 123 million shares. Significant activity surrounded the $350 strike call option expiring on June 27, 2025, with 80,883 contracts traded, representing about 8.1 million shares.
Microsoft Corporation (MSFT) had 168,348 contracts traded today, equating to 16.8 million underlying shares, or 88.5% of its average daily volume of 19 million shares. The $490 strike call option expiring on June 27, 2025, saw 11,795 contracts traded, representing around 1.2 million shares.
Costco Wholesale Corp (COST) reported a trading volume of 19,091 contracts, or around 1.9 million underlying shares, accounting for 87.5% of its average daily volume of 2.2 million shares. The $1010 strike call option expiring on June 27, 2025, had 2,653 contracts traded, equating to approximately 265,300 shares.
