Microsoft Options Market Sees High Activity with 372K Contracts Traded
Microsoft's options market saw significant activity on September 16th ET, with a total of 372.78K contracts traded throughout the day. Of these, put options accounted for 38.25% and call options made up 61.75%. This marked a notable shift in investor sentiment towards Microsoft.
As of the close of trading on September 16th, the open interest in Microsoft's options stood at approximately 3.99 million contracts, representing a substantial 97.49% of the average daily open interest over the past 30 trading days.
One particular call option contract with a strike price of $420.00 and expiration date of November 20th, 2026, saw a significant transaction volume of 5,000 contracts. This deal was valued at around $40.48 million and marked one of the most notable trades in Microsoft's options market that day.