Thursday’s Notable Options Activity: NVDA, NFLX, FOXA Unusual Options Activity Detected in Key Stocks

Written By Michael Gary Scott

NVIDIA Corp (NVDA)

Trading enthusiasts were in for a wild ride yesterday as NVIDIA Corp (NVDA) stole the limelight in the market. A total of 1.4 million contracts were traded, equating to a staggering 137.9 million underlying shares. This amounts to an eye-popping figure of approximately 249.3% of NVDA’s average daily trading volume over the past month. The $920 strike call option expiring on March 08, 2024, took center stage with 53,667 contracts exchanging hands, representing about 5.4 million shares of NVDA.

NVDA Trading History

Netflix Inc (NFLX)

Meanwhile, Netflix Inc (NFLX) also witnessed significant options action, with 39,639 contracts traded thus far today, corresponding to approximately 4.0 million underlying shares. This surge marked a remarkable 111.5% of NFLX’s average daily trading volume over the past month. Notably, the $650 strike call option expiring on March 15, 2024, stood out with 2,378 contracts traded, representing around 237,800 shares of NFLX.

NFLX Trading History

Fox Corp (FOXA)

In the realm of Fox Corp (FOXA), options trading activity was also bustling with 41,660 contracts exchanged so far, equaling approximately 4.2 million underlying shares. This impressive figure accounted for a substantial 100.8% of FOXA’s average daily trading volume over the past month. The $37 strike call option expiring on July 19, 2024, attracted significant attention with 22,198 contracts traded, representing about 2.2 million shares of FOXA.

FOXA Trading History

Stay Informed

For more details on the various expiration dates for NVDA, NFLX, and FOXA options, interested parties can refer to StockOptionsChannel.com for updated information.

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