Surge in Options Trading: DoorDash, TechnipFMC, and GEO Group Stand Out

High Volumes Indicate Increased Investor Interest Across Major Companies

Looking at options trading activity among the Russell 3000 index, some interesting developments have emerged today. DoorDash Inc (Symbol: DASH) has seen a significant increase in options trading, with a total volume of 24,810 contracts transacted so far. This volume represents approximately 2.5 million underlying shares, as each contract corresponds to 100 shares. Notably, this figure represents 86.5% of DASH’s average daily trading volume of 2.9 million shares over the past month. A particularly high volume was recorded for the $160 strike call option expiring on October 25, 2024, with 17,951 contracts traded today, equivalent to around 1.8 million underlying shares. Below is a chart depicting DASH’s trailing twelve-month trading history, highlighting the $160 strike in orange:

TechnipFMC plc (Symbol: FTI) also experienced robust options trading, with a total of 28,640 contracts traded, representing around 2.9 million underlying shares. This amount translates to roughly 85.8% of FTI’s monthly average daily trading volume of 3.3 million shares. The $35 strike call option expiring on January 17, 2025, showed particularly high activity, with 15,875 contracts traded, accounting for approximately 1.6 million underlying shares. The following chart illustrates FTI’s trailing twelve-month trading history, with the $35 strike marked in orange:

Meanwhile, GEO Group Inc (Symbol: GEO) saw a trading volume of 14,537 contracts, translating to about 1.5 million underlying shares. This figure represents approximately 80.1% of GEO’s average daily trading volume of 1.8 million shares for the past month. The $19 strike call option expiring on December 20, 2024, recorded significant interest with 5,100 contracts traded today, equivalent to roughly 510,000 underlying shares. Below is a chart displaying GEO’s trailing twelve-month trading history, with the $19 strike highlighted in orange:

For more information on the various available expirations for DASH options, FTI options, or GEO options, please visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• Top Ten Hedge Funds Holding IWV
• Funds Holding AIT
• ATEK YTD Return

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.