Significant Thursday Option Trends: NFLX, META, and TSLA

Published On: May 8, 2025 2:02 pm

Options Trading Surges in Netflix, Meta, and Tesla Today

Today, the S&P 500 index saw remarkable options trading volume, particularly with Netflix Inc (Symbol: NFLX). A total of 100,961 contracts have traded so far, equating to around 10.1 million underlying shares. This represents approximately 180.7% of NFLX’s average daily trading volume of 5.6 million shares over the past month. A significant portion of the volume came from the $1200 strike call option expiring on May 09, 2025, with 4,234 contracts traded, representing about 423,400 underlying shares of NFLX.

Below is a chart showing NFLX’s trailing twelve-month trading history, highlighting the $1200 strike in orange:

NFLX Trading Chart

Meta Platforms Inc (Symbol: META) also experienced significant options activity today. With 294,241 contracts traded, that translates to approximately 29.4 million underlying shares, amounting to 154.6% of META’s average daily trading volume of 19.0 million shares over the past month. Notably, the $610 strike call option expiring on May 09, 2025, saw high interest with 20,508 contracts traded, representing about 2.1 million underlying shares of META.

Below is a chart capturing META’s trailing twelve-month trading history, with the $610 strike highlighted in orange:

META Trading Chart

Tesla Inc (Symbol: TSLA) recorded an impressive 1.8 million options contracts traded today, accounting for around 183.1 million underlying shares. This figure reflects approximately 153.7% of TSLA’s average daily trading volume of 119.2 million shares over the last month. The $290 strike call option expiring on May 09, 2025, was particularly active, with 125,079 contracts traded, representing about 12.5 million underlying shares of TSLA.

Here’s a chart showing TSLA’s trailing twelve-month trading history, highlighting the $290 strike in orange:

TSLA Trading Chart