Notable Friday Option Activity: NFLX, CVNA, FLNG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Netflix Inc (Symbol: NFLX), where a total volume of 60,510 contracts has been traded thus far today, a contract volume which is representative of approximately 6.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 204.3% of NFLX's average daily trading volume over the past month, of 3.0 million shares. Especially high volume was seen for the $645 strike put option expiring June 07, 2024, with 2,869 contracts trading so far today, representing approximately 286,900 underlying shares of NFLX. Below is a chart showing NFLX's trailing twelve month trading history, with the $645 strike highlighted in orange:

Carvana Co (Symbol: CVNA) saw options trading volume of 54,607 contracts, representing approximately 5.5 million underlying shares or approximately 168.2% of CVNA's average daily trading volume over the past month, of 3.2 million shares. Especially high volume was seen for the $110 strike call option expiring June 07, 2024, with 7,091 contracts trading so far today, representing approximately 709,100 underlying shares of CVNA. Below is a chart showing CVNA's trailing twelve month trading history, with the $110 strike highlighted in orange:

And Flex LNG Ltd (Symbol: FLNG) saw options trading volume of 4,789 contracts, representing approximately 478,900 underlying shares or approximately 155.7% of FLNG's average daily trading volume over the past month, of 307,625 shares. Especially high volume was seen for the $27 strike call option expiring June 21, 2024, with 1,527 contracts trading so far today, representing approximately 152,700 underlying shares of FLNG. Below is a chart showing FLNG's trailing twelve month trading history, with the $27 strike highlighted in orange:

For the various different available expirations for NFLX options, CVNA options, or FLNG options, visit StockOptionsChannel.com.

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

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