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Wednesday Options Buzz: BKNG, OKTA, NFLXNoteworthy Options Action Unfolds: Booking Holdings, Okta, Netflix

A Closer Look at Trading Volume

Today, among the Russell 3000 index components, a significant surge in options trading activity stands out. Booking Holdings Inc (BKNG) has witnessed a total volume of 7,584 contracts changing hands so far, reflecting roughly 758,400 underlying shares. This figure equates to 238.9% of BKNG’s average daily trading volume in the last month. Notably, the $2600 strike call option expiring on March 15, 2024, has caught significant attention with 900 contracts traded today, representing about 90,000 BKNG shares.

Okta Inc (OKTA) saw a robust options trading volume of 40,689 contracts, equivalent to around 4.1 million underlying shares or approximately 226.9% of its average daily trading volume in the past month. The $105 strike call option expiring on March 01, 2024, drew particular interest with 5,201 contracts traded, representing approximately 520,100 OKTA shares.

Netflix Inc (NFLX) observed options trading volume of 84,171 contracts, representing approximately 8.4 million underlying shares or about 220% of NFLX’s average daily trading volume over the last month. The $600 strike call option expiring on March 01, 2024, attracted notable activity with 5,280 contracts traded, equating to around 528,000 NFLX shares.

Dive Into Historical Charts

Take a peek at the trailing twelve-month trading histories of BKNG, OKTA, and NFLX, with the highlighted strikes showcasing the bustling activity in the options market:

BKNG Chart

OKTA Chart

NFLX Chart

Exploring Available Options

For more insights into the various expiration options available for BKNG, OKTA, and NFLX, head over to StockOptionsChannel.com.

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