Notable Thursday Option Activity: COST, META, TRTX

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 82,684 contracts has been traded thus far today, a contract volume which is representative of approximately 8.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 446.7% of COST's average daily trading volume over the past month, of 1.9 million shares. Particularly high volume was seen for the $780 strike call option expiring March 08, 2024, with 1,822 contracts trading so far today, representing approximately 182,200 underlying shares of COST. Below is a chart showing COST's trailing twelve month trading history, with the $780 strike highlighted in orange:

Meta Platforms Inc (Symbol: META) options are showing a volume of 602,699 contracts thus far today. That number of contracts represents approximately 60.3 million underlying shares, working out to a sizeable 349.4% of META's average daily trading volume over the past month, of 17.3 million shares. Especially high volume was seen for the $510 strike call option expiring March 08, 2024, with 54,214 contracts trading so far today, representing approximately 5.4 million underlying shares of META. Below is a chart showing META's trailing twelve month trading history, with the $510 strike highlighted in orange:

And TPG RE Finance Trust Inc (Symbol: TRTX) options are showing a volume of 29,592 contracts thus far today. That number of contracts represents approximately 3.0 million underlying shares, working out to a sizeable 303.7% of TRTX's average daily trading volume over the past month, of 974,255 shares. Particularly high volume was seen for the $12.50 strike call option expiring January 17, 2025, with 19,710 contracts trading so far today, representing approximately 2.0 million underlying shares of TRTX. Below is a chart showing TRTX's trailing twelve month trading history, with the $12.50 strike highlighted in orange:

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

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

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