Russ Cohen

Thursday’s Notable Options Activity for META, BA, NFLX Unprecedented Volume Spike in META, BA, NFLX Options

Meta Platforms Inc (META)

An extraordinary surge in options trading activity manifested today in Meta Platforms Inc (META), with a staggering 770,778 contracts traded, equivalent to approximately 77.1 million underlying shares. This volume represents a seismic 504.8% of META’s average daily trading over the past month. Notably, the $520 strike call option expiring on August 2, 2024, stole the limelight with an impressive 33,474 contracts traded, accounting for around 3.3 million underlying shares of META.

The stock’s historical chart showcases the unprecedented activity, with the $520 strike highlighted in fiery orange.

META Trading History

Boeing Co. (BA)

Boeing Co. (BA) also witnessed a notable uptick in options trading volume today, with 131,560 contracts traded, corresponding to about 13.2 million underlying shares or roughly 226.2% of BA’s average daily trading volume over the past month of 5.8 million shares. The $180 strike put option expiring on August 2, 2024, garnered considerable attention, with 7,619 contracts traded, representing approximately 761,900 underlying shares of BA.

The historical chart for BA illustrates the impact of the $180 strike, highlighted emphatically in orange hues.

BA Trading History

Netflix Inc (NFLX)

In another realm, Netflix Inc (NFLX) options stirred the trading waters with a substantial volume of 61,660 contracts traded today. These contracts account for around 6.2 million underlying shares, translating to an impressive 161.7% of NFLX’s average daily trading volume over the past month of 3.8 million shares. Notably, the $630 strike put option expiring on August 2, 2024, took center stage, with 4,071 contracts traded, representing approximately 407,100 underlying shares of NFLX.

The historical chart for NFLX captures the essence of the day’s activity, with the $630 strike shining brightly in orange tones.

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NFLX Trading History

For more information on available expirations for META, BA, or NFLX options, visit StockOptionsChannel.com.

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