Today, notable options trading volume was observed in several companies within the S&P 500 index. Coinbase Global Inc. (COIN) reported a trading volume of 131,593 contracts, equating to around 13.2 million underlying shares, or 119.4% of its average daily volume of 11 million shares over the past month. The $210 strike call option expiring April 24, 2026, accounted for 10,089 contracts, representing approximately 1 million shares.
Tesla Inc. (TSLA) experienced even higher activity with 766,913 contracts traded, corresponding to about 76.7 million shares and 112.9% of its average daily trading volume of 68 million shares. The $390 strike call option for TSLA saw 44,493 contracts traded today, indicating roughly 4.4 million underlying shares.
Micron Technology Inc. (MU) also saw significant options activity, with a total of 485,724 contracts traded, translating to approximately 48.6 million shares, or 103.3% of its average daily volume of 47 million shares. The $500 strike call option for MU recorded 38,788 contracts thus far, representing about 3.9 million underlying shares.
