Notable Friday Option Activity: COST, YEXT, META

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Costco Wholesale Corp (Symbol: COST), where a total volume of 50,542 contracts has been traded thus far today, a contract volume which is representative of approximately 5.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 274.6% of COST's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $860 strike call option expiring June 07, 2024, with 5,519 contracts trading so far today, representing approximately 551,900 underlying shares of COST. Below is a chart showing COST's trailing twelve month trading history, with the $860 strike highlighted in orange:

Yext Inc (Symbol: YEXT) saw options trading volume of 21,181 contracts, representing approximately 2.1 million underlying shares or approximately 252.4% of YEXT's average daily trading volume over the past month, of 839,195 shares. Particularly high volume was seen for the $5 strike put option expiring June 21, 2024, with 16,443 contracts trading so far today, representing approximately 1.6 million underlying shares of YEXT. Below is a chart showing YEXT's trailing twelve month trading history, with the $5 strike highlighted in orange:

And Meta Platforms Inc (Symbol: META) saw options trading volume of 271,879 contracts, representing approximately 27.2 million underlying shares or approximately 231.5% of META's average daily trading volume over the past month, of 11.7 million shares. Particularly high volume was seen for the $500 strike call option expiring June 07, 2024, with 33,113 contracts trading so far today, representing approximately 3.3 million underlying shares of META. Below is a chart showing META's trailing twelve month trading history, with the $500 strike highlighted in orange:

For the various different available expirations for COST options, YEXT options, or META options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

Also see:

• OCIP market cap history
• Top Ten Hedge Funds Holding TZW
• Top Ten Hedge Funds Holding MLPR

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