Fundamental Friday Option Speak: NVDA, CMG, BKNG

alternate suggestions shopping and selling exercise among formula of the S&P 500 index, there might per chance be unprecedented exercise today time in NVIDIA Corp (Symbol: NVDA), where a full volume of 1.2 million contracts has been traded to this point today time, a contract volume which is representative of roughly 118.4 million underlying shares (provided that every 1 contract represents 100 underlying shares). That quantity works out to 325.6% of NVDA’s life like each day shopping and selling volume throughout the last month, of 36.4 million shares. In particular excessive volume used to be seen for the $490 strike call possibility expiring January 05, 2024with 83,344 contracts shopping and selling to this point today time, representing roughly 8.3 million underlying shares of NVDA. Below is a chart showing NVDA’s trailing twelve month shopping and selling history, with the $490 strike highlighted in orange:

Chipotle Mexican Grill Inc (Symbol: CMG) alternate suggestions are showing a volume of 4,519 contracts to this point today time. That possibility of contracts represents roughly 451,900 underlying shares, knowing to a sizeable 262.6% of CMG’s life like each day shopping and selling volume throughout the last month, of 172,085 shares.In particular excessive volume used to be seen for the $1950 strike put possibility expiring January 19, 2024with 155 contracts shopping and selling to this point today time, representing roughly 15,500 underlying shares of CMG. Below is a chart showing CMG’s trailing twelve month shopping and selling history, with the $1950 strike highlighted in orange:

And Booking Holdings Inc (Symbol: BKNG) saw alternate suggestions shopping and selling volume of 5,347 contracts, representing roughly 534,700 underlying shares or roughly 198% of BKNG’s life like each day shopping and selling volume throughout the last month, of 270,110 shares.In particular excessive volume used to be seen for the $2040 strike put possibility expiring January 26, 2024with 117 contracts shopping and selling to this point today time, representing roughly 11,700 underlying shares of BKNG. Below is a chart showing BKNG’s trailing twelve month shopping and selling history, with the $2040 strike highlighted in orange: