Surge in Options Trading: Spotlight on Maplebear, Alphabet, and Weatherford

Options trading is heating up among key stocks in the Russell 3000 index. Significant activity was noted today, particularly for Maplebear Inc (Symbol: CART), Alphabet Inc (Symbol: GOOG), and Weatherford International plc (Symbol: WFRD).

Maplebear Inc Sees Strong Call Option Activity

At Maplebear Inc (Symbol: CART), traders have executed a total of 12,082 options contracts today. This volume corresponds to about 1.2 million underlying shares, accounting for roughly 42% of CART’s average daily trading volume, which stands at 2.9 million shares over the last month. The most active option was the $50 strike call expiring on June 20, 2025, with 2,675 contracts traded, translating to approximately 267,500 underlying shares of CART. Below is a chart illustrating CART’s trading history over the past year, with the $50 strike highlighted in orange:

Alphabet Inc Options Generate Remarkable Volume

Alphabet Inc (Symbol: GOOG) also attracted significant options trading today, reaching 56,821 contracts. This equates to approximately 5.7 million underlying shares, constituting around 41.2% of GOOG’s average daily volume of 13.8 million shares over the past month. Noteworthy among these is the $170 strike call option expiring on October 25, 2024, which saw 7,263 contracts traded, representing about 726,300 underlying shares of GOOG. Here’s a chart detailing GOOG’s trading trends from the past twelve months, with the $170 strike marked in orange:

Weatherford International plc Experiences Solid Options Activity

Weatherford International plc (Symbol: WFRD) recorded options trading volume of 4,133 contracts today, translating to roughly 413,300 underlying shares. This figure represents approximately 41.1% of WFRD’s average daily trading volume of 1.0 million shares for the past month. The $90 strike call option expiring on November 15, 2024, showed particularly high interest with 2,018 contracts traded, equating to about 201,800 underlying shares of WFRD. Below is WFRD’s trading history chart from the last twelve months, with the $90 strike indicated in orange:

To explore available expirations for options on CART, GOOG, or WFRD, visit StockOptionsChannel.com.

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

Also see:

• Ken Griffin Stock Picks
• JMSB Average Annual Return
• TWI Price Target

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