Noteworthy Friday Option Activity: AMZN, WMT, AA

BNK Invest reports heavy options activity on May 22, 2026, led by Amazon (AMZN). AMZN saw 486,220 option contracts trade (~48.6 million underlying shares), about 107.6% of its 30‑day average daily volume; the $270 May 22, 2026 call alone accounted for 93,405 contracts (~9.3 million shares). Walmart (WMT) and Alcoa (AA) also saw elevated volume — WMT with 195,209 contracts (~19.5 million shares; 105.7% of its 30‑day ADTV) including heavy flow in the $121 May 22, 2026 call, and AA with 39,167 contracts (~3.9 million shares; ~100.6% of ADTV) with notable activity in the $100 Sept 18, 2026 call. The piece is a market‑data style note highlighting unusually large options volume that may signal concentrated directional bets, hedging or positioning ahead of short‑term catalysts.