Tesla Inc (TSLA)
Tesla Inc (TSLA) is painting the trading scene green with a brush of intense option activity. A whopping 1.0 million contracts exchanged hands today, representing a remarkable 135.3% surge above the average month-long trading volume. Notably, the $170 strike put option expiring in 2024 displayed a magnetic pull, witnessing a surge of 83,509 contracts, equivalent to around 8.4 million TSLA shares. This surge resonates like a starry-eyed comet streaking across the trading sky.
Lululemon Athletica Inc (LULU)
Lululemon Athletica Inc (LULU) is not one to be left out of the Monday market ruckus. With an options trading volume of 23,036 contracts, approximately 89.2% of the usual monthly trading action. The $300 strike put option, glimmering with promise until June 07, 2024, attracted 1,681 contracts today, equivalent to around 168,100 LULU shares. This surge is like a splash of cold water on a hot summer’s day, refreshing yet energizing.
FedEx Corp (FDX)
FedEx Corp (FDX) is in the options spotlight, showing a trading volume of 11,285 contracts, approximately 85.1% of the usual monthly action. Notably, the $250 strike put option expiring on June 07, 2024, saw 817 contracts traded today, representing around 81,700 shares of FDX. This surge exudes a calm yet formidable presence, akin to a river steadily carving through a canyon.
