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.

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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.

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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.

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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

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