Unusual Monday Options Activity: NFLX, META, HUMUnusual Action Unfolds Amongst NFLX, META, and HUM Stocks

By: Alex Freidmen

Netflix Inc (NFLX) Garners Attention

Netflix Inc (NFLX) has stirred the pot with an impressive display of option trading today. The total volume of 39,981 contracts exchanging hands represents about 4.0 million underlying shares. This robust activity levels at 132.9% of NFLX’s average daily trading volume over the past month. Notably, the $600 strike put option expiring on April 5, 2024, has witnessed significant interest with 3,008 contracts traded so far today – translating to about 300,800 underlying shares of NFLX. The trading history chart for NFLX is a sea of green, with the $600 strike prominently highlighted in orange.

NFLX Chart

Meta Platforms Inc (META) Sees Volatility Surge

Meta Platforms Inc (META) is not far behind, with a remarkable volume of 159,073 contracts today, indicating approximately 15.9 million underlying shares. This action represents a substantial 113.8% of META’s average daily trading volume over the last month. The $500 strike call option expiring on April 5, 2024, stands out with 12,557 contracts traded today, equivalent to around 1.3 million underlying shares of META. META’s trading history unveils the $500 strike as a focal point against a backdrop of market flux.

META Chart

Humana Inc. (HUM) Enters the Arena

Humana Inc. (HUM) is not one to stay silent, with an options trading volume of 14,064 contracts representing about 1.4 million underlying shares or approximately 97.6% of HUM’s average daily trading volume over the past month. The $375 strike call option expiring on April 5, 2024, has piqued trader interest with 4,028 contracts changing hands so far today, equivalent to approximately 402,800 underlying shares of HUM. HUM’s past trading performance points to the $375 strike as a key juncture in its journey.

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HUM Chart

For more insights into the various expiration options for NFLX, META, or HUM options, make sure to check out StockOptionsChannel.com.

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