Activity Overview

Options trading caught fire among S&P 500 index components on Friday, with NVIDIA Corp (NVDA), Netflix Inc (NFLX), and Microsoft Corporation (MSFT) taking center stage.

NVIDIA Corp (NVDA)

NVIDIA Corp saw a surge in options trading with a total volume of 1.7 million contracts changing hands. This substantial figure represents an impressive 273.6% of NVDA’s average daily trading volume over the past month. Notably, the $950 strike call option expiring on March 22, 2024, stood out with 90,589 contracts traded, equivalent to approximately 9.1 million underlying shares of NVDA.

Netflix Inc (NFLX)

Options trading for Netflix Inc showed a robust volume of 58,176 contracts, representing about 185.6% of NFLX’s average daily trading volume over the past month. The $630 strike call option expiring on March 22, 2024, garnered significant attention with 5,791 contracts traded, equivalent to approximately 579,100 underlying shares of NFLX.

Microsoft Corporation (MSFT)

Microsoft Corporation demonstrated active options trading with a volume of 168,109 contracts. This number represents a notable 78.6% of MSFT’s average daily trading volume over the past month. The $425 strike put option expiring on March 22, 2024, saw heightened activity with 22,312 contracts traded, equivalent to approximately 2.2 million underlying shares of MSFT.

Exploring Options Further

For more details on available expirations for NVIDIA (NVDA), Netflix (NFLX), or Microsoft (MSFT) options, investors can visit StockOptionsChannel.com.