Looking at options trading activity across the constituents of the Russell 3000 Index, Amazon.com Inc (symbol: AMZN) has notable activity today, with a total of 952,149 contracts traded to date. Approximately 95.2 million underlying shares (assuming each contract represents 100 underlying shares). This number represents 124.1% of AMZN’s average daily trading volume of 76.7 million shares last month. The $110 strike put option, which expires on January 20, 2023, saw a particularly large amount of trading. Below is a chart showing AMZN’s trading history over the past 12 months, with the $110 strike highlighted in orange.
Cal-Maine Foods Inc (symbol: CALM) saw option trading volume of 11,150 contracts. This equates to about 1.1 million shares, or about 118.6% of his CALM average daily trading volume of 939,950 shares over the past month. The $60 strike call option, which expires on January 20, 2023, has seen particularly high trading, and to date he has 2,147 contracts traded, representing about 214,700 shares in his CALM. increase. Below is a chart showing CALM’s trading history over the past 12 months, with the $60 strike highlighted in orange.
Also, Costco Wholesale Corp (symbol: COST) options show a volume of 31,345 contracts to date. The number of contracts equates to about 3.1 million shares, or a respectable 113.3% of his 2.8 million shares, COST’s average daily trading volume over the past month. The $540 strike call option, which expires on February 17, 2023, saw particularly high volumes, with 2,755 contracts traded to date, representing approximately 275,500 shares at COST. Below is a chart showing COST’s trading history over the past 12 months, with the $540 strike highlighted in orange.
Visit StockOptionsChannel.com for various expiration dates for AMZN, CALM, or COST options.
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The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.