Russ Cohen

Wednesday Options Buzz: BKNG, OKTA, NFLX A Deep Dive into Wednesday’s Options Trading Activity

When it comes to the financial markets, options trading can often provide a pulse on investor sentiment and market expectations. The world of options is a dynamic one, offering possibilities that can be as electrifying as a rollercoaster ride.

Booking Holdings Inc (BKNG)

Today, Booking Holdings Inc (BKNG) is causing a stir in the options market. With a total volume of 7,584 contracts traded so far, representing approximately 758,400 underlying shares, BKNG is seeing trading action that is nearly 239% of its average daily volume over the past month.

Notably, the $2600 strike call option expiring on March 15, 2024, has been a focal point, with 900 contracts changing hands, equivalent to about 90,000 shares of BKNG. This surge in activity paints a picture of excitement and anticipation among investors.

Visualizing BKNG’s Options History

BKNG Options Chart Highlighting $2600 Strike

Okta Inc (OKTA)

Meanwhile, Okta Inc (OKTA) is also in the spotlight today, with options trading volume reaching 40,689 contracts. This volume represents around 4.1 million underlying shares, approximately 227% of Okta’s average daily trading volume over the past month.

The $105 strike call option expiring on March 01, 2024, has captured significant interest, with 5,201 contracts traded, equivalent to approximately 520,100 shares of OKTA. This surge in trading activity signifies a buzz surrounding Okta’s stock.

Visualizing OKTA’s Options History

OKTA Options Chart Highlighting $105 Strike

Netflix Inc (NFLX)

Turning to Netflix Inc (NFLX), the options market is abuzz with a total trading volume of 84,171 contracts. This volume represents about 8.4 million underlying shares, marking nearly 220% of Netflix’s average daily trading volume over the past month.

The $600 strike call option expiring on March 01, 2024, has garnered notable attention, with 5,280 contracts traded so far, reflecting approximately 528,000 shares of NFLX changing hands. This heightened activity suggests a flurry of activity surrounding Netflix’s potential price movements.

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Visualizing NFLX’s Options History

NFLX Options Chart Highlighting $600 Strike

Exploring Options Further

For more insights into the various available expirations for BKNG, OKTA, or NFLX options, investors can delve deeper into the world of options trading at StockOptionsChannel.com.