Unusual Options Activity: NFLX, GPRO, PANW, and EXPE

Expansion news had call traders jumping on Netflix, Inc. (NASDAQ:NFLX)

Josh Selway

Sep 9, 2015 at 4:53 PM

The Dow got off to a great start, but wound up significantly south of breakeven by day's end. Across all 12 options exchanges, 6.9 million calls crossed, compared to 7.2 million puts. The day's put/call volume ratio closed at 1.03.

Netflix, Inc. (NASDAQ:NFLX) call volume was accelerated, as the stock snapped its seven-day losing streak on news the company plans to expand in Asia. GoPro Inc (NASDAQ:GPRO) has been struggling mightily lately, but that didn't stop call players today, with the contracts changing hands at twice the normal pace.

Put activity on Palo Alto Networks Inc (NYSE:PANW) was three times more popular than normal ahead of the company's trip to the earnings confessional. Elsewhere, Expedia Inc (NASDAQ:EXPE) puts ran at close to triple the typical pace today.

150909Uputs

150909Ucalls

Follow @Schaeffers

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.