Tuesday Market Buzz: AXP, AMD, ETSY

Written By Michael Gary Scott

High Option Volume Detected

Option activity was buzzing on Tuesday, with American Express Co. (AXP) leading the charge. A total of 80,089 contracts changed hands, equivalent to approximately 8.0 million underlying shares. This spike represents a staggering 251.6% of AXP’s average daily trading volume over the past month. Notably, the $320 strike call option expiring on January 16, 2026, saw exceptional interest with 47,999 contracts traded, representing about 4.8 million shares.

Loading Chart - 2024 TickerTech.com

AMD Options in the Spotlight

Advanced Micro Devices Inc (AMD) also saw significant options activity, with 507,107 contracts traded, accounting for approximately 50.7 million underlying shares. This surge represents a substantial 78.7% of AMD’s average daily trading volume over the past month. The $200 strike put option expiring on March 08, 2024, attracted considerable attention, with 34,255 contracts traded, equivalent to around 3.4 million shares.

Loading Chart - 2024 TickerTech.com

ETSY Options Heating Up

Etsy Inc (ETSY) showed notable options activity with 26,003 contracts changing hands, representing approximately 2.6 million underlying shares. This surge accounted for a significant 65.6% of ETSY’s average daily trading volume over the past month. The $95 strike call option expiring on January 17, 2025, saw heightened interest, with 7,020 contracts traded, reflecting about 702,000 shares.

Loading Chart - 2024 TickerTech.com

Exploring Options

For a comprehensive analysis of available expirations for AXP, AMD, or ETSY options, investors can explore StockOptionsChannel.com for detailed insights.


Today’s Most Active Call & Put Options of the S&P 500

Also see:

• Cathie Wood Stock Picks
• BFIT shares outstanding history
• CMRE Options Chain

See also  Unveiling Untapped Potential: Energy Stock Resurgence Forecasted for Q3