Amazon Reigns Supreme
Today’s options trading activity in Amazon.com Inc (Symbol: AMZN) has set the market abuzz. With a total volume of 329,157 contracts changing hands, equivalent to about 32.9 million shares, Amazon’s options activity is at a remarkable 93.2% of its average daily trading volume over the last month.
One standout is the $187.50 strike call option expiring on April 12, 2024, which witnessed a whopping 21,909 contracts traded today, reflecting approximately 2.2 million underlying shares of AMZN.
Western Alliance Bancorporation (Symbol: WAL) is also catching investor attention with options trading volume hitting 10,261 contracts, representing roughly 1.0 million underlying shares or around 91.6% of WAL’s average daily trading volume in the past month.
Meanwhile, Twilio Inc (Symbol: TWLO) is not one to be left behind, with options trading showing a significant volume of 23,912 contracts so far today. This volume represents about 2.4 million underlying shares, a robust 84.8% of TWLO’s average daily trading volume over the past month.
High Volumes for Specific Calls
Notably, the $90 strike call option for WAL expiring on September 20, 2024, and the $64 strike call option for TWLO expiring on April 12, 2024, have attracted particularly high trading volumes today. These options are playing a pivotal role in shaping the market landscape for these stocks.
Visual Insights
To visually appreciate the historical trading patterns of AMZN, WAL, and TWLO, below are charts showing their trailing twelve-month trading history, with the highlighted strike prices adding a touch of vibrancy:
For More Options Trading Insights
Explore the numerous available expirations for AMZN, WAL, or TWLO options at StockOptionsChannel.com for a deeper dive into the market buzz.
