Surge in Options Trading Volume for Major Companies

Today's report highlights a significant uptick in options trading for Boeing, Wayfair, and Celsius Holdings. This heightened activity could suggest market sentiment shifts, impacting stock prices in the near term.

Date: 06-12-2024

AI Rating: 5

The report reveals substantial options trading volumes for Boeing Co. (BA), Wayfair Inc. (W), and Celsius Holdings Inc. (CELH). For Boeing, a total of 118,779 contracts were traded, equating to approximately 11.9 million underlying shares, which is about 107.1% of its average daily trading volume over the past month. High activity was particularly noted for a $155 strike put option, indicating traders' expectations of potential price declines.

Wayfair also saw significant options volume with 42,760 contracts, representing about 96.8% of its average daily volume. Specifically, the $53 strike call option accounted for 7,898 contracts, signaling strong bullish sentiment or speculation on price increases.

For Celsius Holdings, the options volume reached 72,956 contracts, corresponding to approximately 94.2% of its recent average volume. High trading of the $29.50 strike put option indicates a cautionary approach among traders, possibly reflecting concerns about stock performance.

Overall, the variations in options trading volumes for these companies could signal changing investor sentiments and future stock price volatility. The extreme volumes, especially in put options, suggest divergence in market expectations, which may impact each company's stock prices as traders react to these signals.

Stocks: BA W CELH