High Options Trading Volume Noted for Super Micro, Costco, and Tesla

In the Russell 3000 index, Super Micro Computer Inc (Symbol: SMCI) showcased significant options trading today. Total contracts reached 641,998, equating to approximately 64.2 million underlying shares. This figure represents about 146.8% of SMCI’s average daily trading volume over the past month, which stands at 43.7 million shares. A notable spike occurred for the $35 strike call option expiring May 16, 2025, with 43,042 contracts traded today, reflecting around 4.3 million underlying shares of SMCI. Below is a chart showing SMCI’s trailing twelve-month trading history, highlighting the $35 strike in orange:

Costco Wholesale Corp (Symbol: COST) also experienced robust options trading, reaching a volume of 38,668 contracts. This volume translates to roughly 3.9 million underlying shares, or about 138% of COST’s average daily trading volume of 2.8 million shares over the past month. The $1050 strike call option expiring May 09, 2025, saw particularly high activity, with 4,951 contracts traded today, representing around 495,100 underlying shares of COST. A chart depicting COST’s trailing twelve-month trading history, with the $1050 strike highlighted, is below:

Tesla Inc (Symbol: TSLA) reported an outstanding options trading volume of 1.9 million contracts, which corresponds to approximately 190.4 million underlying shares. This amount is about 134.6% of TSLA’s average daily trading volume of 141.4 million shares over the last month. The $280 strike call option expiring May 02, 2025, generated particular interest, with 109,540 contracts traded, reflecting around 11.0 million underlying shares of TSLA. Below is the chart displaying TSLA’s trailing twelve-month trading history, with the $280 strike highlighted in orange:

For further details on the available expirations for SMCI, COST, or TSLA options, refer to StockOptionsChannel.com.