Apple Inc (AAPL) Option Activity
Today, Apple Inc (Symbol: AAPL) has been buzzing with exceptional options trading activity. A whopping 2.3 million contracts have already exchanged hands, which translates to a remarkable 230.9 million underlying shares (keeping in mind the 1 contract = 100 shares equation). To put this into perspective, this volume accounts for 368.4% of AAPL’s average daily trading volume over the past month, emphasizing the significant interest among investors.
The spotlight shines brightly on the $177.50 strike call option expiring on April 12, 2024, with an impressive 251,163 contracts traded. This massive volume represents an approximate 25.1 million underlying shares of Apple. The chart below illustrates AAPL’s trading history, highlighting the $177.50 strike in a vivid orange hue:
Occidental Petroleum Corp (OXY) Option Activity
Occidental Petroleum Corp (Symbol: OXY) also experienced a surge in options trading volume, with 195,689 contracts traded, reflecting approximately 19.6 million underlying shares or roughly 261.7% of OXY’s average daily volume over the past month.
The $71 strike call option expiring on April 12, 2024, garnered notable attention, with 18,239 contracts changing hands, equivalent to about 1.8 million underlying shares of OXY. The chart below illustrates the historical trading trajectory of OXY, with the $71 strike highlighted in orange:
Goldman Sachs Group Inc (GS) Option Activity
Goldman Sachs Group Inc (Symbol: GS) witnessed 36,895 contracts traded in the options market, representing approximately 3.7 million underlying shares or around 172.3% of GS’s average daily trading volume over the past month.
The spotlight was on the $425 strike call option expiring on April 19, 2024, with 2,138 contracts changing hands, equivalent to roughly 213,800 underlying shares of GS. The chart below showcases the historical trading performance of GS, with the $425 strike highlighted in orange:
