Microsoft Sees Surging Options Activity
Microsoft Corporation (Symbol: MSFT) is making waves in the options market today, with a total volume of 203,679 contracts traded. This represents about 20.4 million underlying shares, a staggering 99.4% of its average daily trading volume over the past month.
Of notable interest is the $425 strike call option expiring on May 17, 2024, with 29,627 contracts traded so far, equal to around 3.0 million shares of MSFT. This surge in trading activity is vividly depicted in the trailing twelve month trading history chart below, with the $425 strike call highlighted in orange:
Eyeing Beyond Meat
Beyond Meat Inc (Symbol: BYND) is also catching the attention of options traders today, with a total of 32,280 contracts traded, representing approximately 3.2 million underlying shares. This accounts for a significant 87.8% of BYND’s average daily trading volume over the past month.
The $10 strike call option expiring on June 21, 2024, has seen heightened activity, with 6,747 contracts traded, equivalent to around 674,700 shares of BYND. The chart below illustrates the uptick in trading volume with the $10 strike call option highlighted:
GEO Group Draws Attention
GEO Group Inc (Symbol: GEO) is not left behind, with 21,258 contracts traded, representing about 2.1 million underlying shares or approximately 85.5% of its average daily trading volume over the past month.
The $12 strike put option expiring on June 21, 2024, is particularly active, with 6,002 contracts traded so far today, equivalent to approximately 600,200 shares of GEO. The chart below vividly showcases the trading history with the $12 strike put in focus:
Explore Options Further
For more information on available expirations for MSFT options, BYND options, or GEO options, feel free to visit StockOptionsChannel.com for a deeper insight into the market trends.