Noteworthy Tuesday Option Activity: GPI, NVDA, MSFT


Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Group 1 Automotive, Inc. (Symbol: GPI), where a total of 2,345 contracts have traded so far, representing approximately 234,500 underlying shares. That amounts to about 207.5% of GPI’s average daily trading volume over the past month of 113,020 shares. Particularly high volume was seen for the $200 strike call option expiring December 15, 2023, with 1,158 contracts trading so far today, representing approximately 115,800 underlying shares of GPI. Below is a chart showing GPI’s trailing twelve month trading history, with the $200 strike highlighted in orange:

NVIDIA Corp (Symbol: NVDA) saw options trading volume of 786,569 contracts, representing approximately 78.7 million underlying shares or approximately 180% of NVDA’s average daily trading volume over the past month, of 43.7 million shares.
Particularly high volume was seen for the $480 strike call option expiring December 01, 2023, with 51,467 contracts trading so far today, representing approximately 5.1 million underlying shares of NVDA. Below is a chart showing NVDA’s trailing twelve month trading history, with the $480 strike highlighted in orange:

And Microsoft Corporation (Symbol: MSFT) options are showing a volume of 405,052 contracts thus far today. That number of contracts represents approximately 40.5 million underlying shares, working out to a sizeable 153.7% of MSFT’s average daily trading volume over the past month, of 26.4 million shares.
Especially high volume was seen for the $385 strike call option expiring December 01, 2023, with 38,746 contracts trading so far today, representing approximately 3.9 million underlying shares of MSFT. Below is a chart showing MSFT’s trailing twelve month trading history, with the $385 strike highlighted in orange:

For the various different available expirations for GPI options, NVDA options, or MSFT options, visit StockOptionsChannel.com.

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

Also see:
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• FPA Historical Stock Prices

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



Original: NVDA Feed: Noteworthy Tuesday Option Activity: GPI, NVDA, MSFT