Noteworthy Thursday Option Activity: MSFT, BYND, GEO

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Microsoft Corporation (Symbol: MSFT), where a total volume of 203,679 contracts has been traded thus far today, a contract volume which is representative of approximately 20.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 99.4% of MSFT's average daily trading volume over the past month, of 20.5 million shares. Particularly high volume was seen for the $425 strike call option expiring May 17, 2024, with 29,627 contracts trading so far today, representing approximately 3.0 million underlying shares of MSFT. Below is a chart showing MSFT's trailing twelve month trading history, with the $425 strike highlighted in orange:

Beyond Meat Inc (Symbol: BYND) options are showing a volume of 32,280 contracts thus far today. That number of contracts represents approximately 3.2 million underlying shares, working out to a sizeable 87.8% of BYND's average daily trading volume over the past month, of 3.7 million shares. Especially high volume was seen for the $10 strike call option expiring June 21, 2024, with 6,747 contracts trading so far today, representing approximately 674,700 underlying shares of BYND. Below is a chart showing BYND's trailing twelve month trading history, with the $10 strike highlighted in orange:

And GEO Group Inc (Symbol: GEO) saw options trading volume of 21,258 contracts, representing approximately 2.1 million underlying shares or approximately 85.5% of GEO's average daily trading volume over the past month, of 2.5 million shares. Particularly high volume was seen for the $12 strike put option expiring June 21, 2024, with 6,002 contracts trading so far today, representing approximately 600,200 underlying shares of GEO. Below is a chart showing GEO's trailing twelve month trading history, with the $12 strike highlighted in orange:

For the various different available expirations for MSFT options, BYND options, or GEO options, visit StockOptionsChannel.com.

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

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