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Analyzing Thursday’s Option Activity: CRWD, F, PYPL

Noteworthy Options Trading Volume

Today, within the Russell 3000 index, there was a flurry of noteworthy options trading volume observed for CrowdStrike Holdings Inc (Symbol: CRWD). A total of 18,886 contracts have already been traded, amounting to nearly 1.9 million underlying shares. This represents a staggering 44% of CRWD’s average daily trading volume over the past month.

One option that caught the eye was the $325 strike call expiring on April 5, 2024, with 894 contracts traded so far, equivalent to roughly 89,400 shares. The trading history chart for CRWD’s trailing twelve months, with the $325 strike highlighted in orange, provides a visual insight into this activity.

On the other hand, Ford Motor Co. (Symbol: F) saw options totaling 205,472 contracts traded today, reflecting about 20.5 million underlying shares. This equates to an impressive 41.8% of F’s average daily trading volume over the previous month.

Highlighted was the $14.82 strike call expiring on May 17, 2024, with 34,116 contracts traded, representing around 3.4 million underlying shares of F. The historical trading chart for Ford, with the $14.82 strike highlighted, paints a vivid picture of this surge in trading volume.

Furthermore, PayPal Holdings Inc (Symbol: PYPL) displayed notable options activity with 56,884 contracts traded, equivalent to approximately 5.7 million underlying shares. This accounted for a significant 41.7% of PYPL’s average daily trading volume over the past month.

The $66 strike call expiring on April 5, 2024, stood out as particularly active, with 3,536 contracts exchanged, representing about 353,600 underlying shares of PYPL. The trailing twelve month trading chart for PayPal, accentuating the $66 strike, captures the essence of this heightened activity.

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Exploring Options Expirations

For a comprehensive view of available expirations for CRWD, F, or PYPL options, investors can refer to StockOptionsChannel.com for detailed insights and analysis.