Today reveals a tempest in the otherwise calm waters of the market. Options trading activity is making waves, notably among components of the Russell 3000 index, with the spotlight on Tesla Inc (Symbol: TSLA), PubMatic Inc (Symbol: PUBM), and Spotify Technology SA (Symbol: SPOT).
Tesla Inc (TSLA)
Amid the tides of trading, Tesla Inc stands as a titanic force, with a total volume of 2.2 million contracts traded so far today. This volume equates to around 222.7 million underlying shares and swells to a staggering 193.9% of TSLA’s average daily trading volume over the past month. A particularly intense surge centered around the $190 strike call option expiring February 09, 2024, with 207,501 contracts exchanging hands today, representing about 20.8 million underlying shares of TSLA.
PubMatic Inc (PUBM)
Trailing close behind in the options whirlpool, PubMatic Inc is not to be overlooked, displaying a volume of 6,069 contracts so far today. This number signifies approximately 606,900 underlying shares, a substantial 193.5% of PUBM’s average daily trading volume over the past month. Notably, at the epicenter of this options tumult is the $12.50 strike put option expiring January 17, 2025, with 5,842 contracts already transacted, representing around 584,200 underlying shares of PUBM.
Spotify Technology SA (SPOT)
Spotify Technology SA beckons traders to its cadence, with options showing a volume of 34,657 contracts thus far today. This reverberating number represents roughly 3.5 million underlying shares, accounting for a significant 165.1% of SPOT’s average daily trading volume over the past month. A notable surge revolves around the $235 strike put option expiring February 09, 2024, with 1,503 contracts in the fray, representing about 150,300 underlying shares of SPOT.
For a comprehensive view of the various available expirations for TSLA, PUBM, or SPOT options, investors can convene at StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
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