High Volume Options Trading Unveiled

Unveiling a tale of roaring trade winds in the options market, today’s spotlight falls on Gogo Inc (Symbol: GOGO), Amazon.com Inc (Symbol: AMZN), and Microsoft Corporation (Symbol: MSFT). The tempest of trading activity is nothing short of awe-inspiring.

Gogo Inc (GOGO): Turbulence in the Options Arena

Today, Gogo Inc witnessed a flurry of options trading, with a total of 13,342 contracts changing hands, equivalent to 1.3 million underlying shares. This surge accounts for a staggering 135.7% of GOGO’s average daily trading volume over the past month. Notably, the $10 strike call option expiring on December 20, 2024, captured relentless attention with 11,661 contracts traded so far, symbolizing around 1.2 million shares of GOGO. The seas were tumultuous, indeed.

Amazon.com Inc (AMZN): Riding the Waves

Amazon.com Inc navigated the options waters with remarkable dexterity, witnessing a trading volume of 513,922 contracts, equivalent to about 51.4 million shares or 103.3% of AMZN’s average daily trading volume over the last month of 49.7 million shares. Noteworthy commotion was observed at the $180 strike call option expiring on August 16, 2024, with 76,082 contracts traded so far, representing approximately 7.6 million shares of AMZN.

Microsoft Corporation (MSFT): Sailing Through the Options Market

A smooth voyage characterized Microsoft Corporation’s options trading today, with a volume of 222,781 contracts, representing about 22.3 million shares or roughly 92.5% of MSFT’s average daily trading volume over the past month. Among the various strikes, the $420 strike call option expiring on August 16, 2024, stood out with 27,923 contracts traded, signifying around 2.8 million shares of MSFT.

Exploring Further Options Potential

To delve deeper into the world of options for Gogo Inc, Amazon.com Inc, and Microsoft Corporation, eager investors can visit StockOptionsChannel.com for an array of expirations and opportunities waiting to be uncovered.