Russ Cohen

Options Market Buzz: Top Performers PANW, AMD, and FSLR

When it comes to options trading, a few major players have stolen the spotlight in today’s market. Let’s dive in and uncover the intriguing activity surrounding Palo Alto Networks, Inc (PANW), Advanced Micro Devices Inc (AMD), and First Solar Inc (FSLR).

Palo Alto Networks, Inc (PANW)

PALO ALTO NETWORKS, INC (Symbol: PANW) has taken center stage, with an impressive total volume of 43,730 contracts traded so far today. This figure is equivalent to about 4.4 million underlying shares, representing a remarkable 125.8% of PANW’s average daily trading volume over the past month of 3.5 million shares. The $310 strike call option expiring January 12, 2024, has exhibited particularly high volume, with 2,233 contracts trading, representing approximately 223,300 underlying shares of PANW.

PANW Chart

Advanced Micro Devices Inc (Symbol: AMD)

Options developer AMD

Meanwhile, ADVANCED MICRO DEVICES INC (Symbol: AMD) is kicking up a storm with a sizeable options volume of 384,447 contracts traded today. This volume represents approximately 38.4 million underlying shares, making up 59.6% of AMD’s average daily trading volume over the last month, which stands at 64.5 million shares. The $150 strike call option expiring January 12, 2024, takes the spotlight with 31,431 contracts traded so far today, representing about 3.1 million underlying shares of AMD.

AMD Chart

First Solar Inc (Symbol: FSLR)

FSLR showcasing options

And finally, FIRST SOLAR INC (Symbol: FSLR) is making waves with options trading volume of 13,554 contracts today, representing approximately 1.4 million underlying shares or roughly 58.8% of FSLR’s average daily trading volume over the past month, which stands at 2.3 million shares. The $165 strike call option expiring January 19, 2024, shows notable activity, with 3,150 contracts traded today, representing about 315,000 underlying shares of FSLR.

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FSLR Chart

For more details on the various available expirations for PANW, AMD, or FSLR options, visit StockOptionsChannel.com.

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