High Options Trading Volume Noted for NFLX, CNX, and CRNC

Notable trading activity was reported for NFLX, CNX, and CRNC, indicating potential stock price movements. High volume may suggest investor sentiment and upcoming price shifts.

Date: 03-01-2025

AI Rating: 7

Options Trading Insights
Today's report highlights significant options trading volumes for Netflix Inc (NFLX), CNX Resources Corp (CNX), and Cerence Inc (CRNC). This surge in options activity may have implications for the stock prices of these companies.

Netflix (NFLX) recorded a remarkable 80,518 options contracts traded, which is 294.2% of its average daily trading volume over the past month. The high volume of contracts, especially for the $890 strike call option, indicates bullish sentiment among investors, potentially leading to upward pressure on the stock price.

CNX Resources Corp (CNX) also witnessed notable options trading, with 47,678 contracts representing approximately 242.2% of its monthly average. The high volume of put options at the $37 strike suggests a level of bearish sentiment or hedging among traders, which could exert downward pressure on CNX’s stock price.

Cerence Inc (CRNC) has shown strong options activity as well, with 49,607 contracts traded, representing 240.1% of its average. The significant trading in call options may indicate optimistic outlooks among investors, potentially resulting in upward price movement.

Stocks: NFLX CNX CRNC