Exploring Remarkable Option Movements: Etsy, Hess, Tesla
A momentous Thursday unfolded in the options trading realm, resonating with the riveting hum of financial activity. Within the hallowed grounds of the S&P 500 index, the day bore witness to astounding volumes of contracts shifting hands, casting an entrancing spectacle on three distinguished entities – Etsy Inc (Symbol: ETSY), Hess Corp (Symbol: HES), and the indomitable Tesla Inc (Symbol: TSLA).
Noteworthy Activity in Etsy Inc (Symbol: ETSY)
The vibrant marketplace of Etsy Inc was ablaze with fervor today as a total of 76,633 contracts elegantly changed hands, embodying approximately 7.7 million underlying shares. This surge represented a staggering 267.9% of Etsy’s usual daily trading volume over the past month, injecting a jolt of adrenaline into the trading floor. Notably, the $65 strike call option expiring on January 17, 2025, emerged as a beacon of interest, with 4,444 contracts orchestrating a ballet of trades, symbolizing about 444,400 shares of ETSY.
Diving into Hess Corp (Symbol: HES)
Hess Corp ventured into the options arena with grace as 24,008 contracts waltzed through, embodying approximately 2.4 million underlying shares or about 118.1% of HES’s average daily trading volume over the past month. The $170 strike call option, set to serenade until May 31, 2024, took center stage, with 7,750 contracts pirouetting in symphony, representing around 775,000 shares of HES.
Exploring Tesla Inc (Symbol: TSLA)
The electric aura of Tesla Inc radiated brightly as options trading unfurled, unfurling a spectacle of 1.3 million contracts exchanging hands, akin to approximately 131.9 million underlying shares. This flurry embodied a substantial 115.1% of TSLA’s average daily trading volume over the past month. Amidst this fervor, the $180 strike call option expiring on May 03, 2024, stole the limelight, with 102,106 contracts painting a canvas of about 10.2 million shares of TSLA.
Witnessing the Trading Histories Through Charts
Visual representations of each entity’s twelve-month trading history, with the highlighted strike prices, provided a mesmerizing insight into the ebbs and flows of these captivating transactions, allowing investors to peek into the intricate dance of market dynamics.
For further examination of the expansive array of expirations for ETSY, HES, or TSLA options, curious minds are invited to visit the halls of StockOptionsChannel.com, where a treasure trove of insights awaits.
Also see:
ETFs Holding CRMT
Top Ten Hedge Funds Holding NZRO
Top Ten Hedge Funds Holding JMPC