Garmin, Newmont, and Bunge: A Closer Look at Options Trading Activity

Garmin Ltd Experiences Significant Options Trading Volume

Among the key components of the Russell 3000 index, Garmin Ltd (Symbol: GRMN) has attracted attention today due to substantial options trading activity. A total of 3,437 contracts have been exchanged, which corresponds to roughly 343,700 underlying shares. This represents about 47.7% of GRMN’s average daily trading volume of 720,660 shares over the past month.

The $155 strike put option, set to expire on November 15, 2024, has seen particularly high trading with 1,507 contracts exchanged so far, equating to approximately 150,700 underlying shares of GRMN. Below is a chart displaying GRMN’s trading history over the past twelve months, highlighting the $155 strike in orange:

Newmont Corp Sees Surge in Options Volume

Newmont Corp (Symbol: NEM) is also witnessing a robust options trading day, with 46,442 contracts traded, representing about 4.6 million underlying shares. This accounts for approximately 46.9% of NEM’s average daily trading volume of 9.9 million shares over the last month.

Notably, the $50 strike call option expiring on January 17, 2025, has generated considerable interest, with 3,851 contracts traded thus far, equating to roughly 385,100 underlying shares of NEM. Below is a chart showing NEM’s twelve-month trading history, with the $50 strike highlighted:

Bunge Global SA Records Strong Options Activity

In addition to Garmin and Newmont, Bunge Global SA (Symbol: BG) has reported notable options trading, with 6,810 contracts changing hands today. This activity represents approximately 681,000 underlying shares or about 46.2% of BG’s average daily trading volume of 1.5 million shares over the past month.

The $100 strike call option expiring on November 15, 2024, has particularly stood out, with 2,581 contracts traded, corresponding to around 258,100 underlying shares of BG. Presented below is a chart illustrating BG’s trading history over the last twelve months, with the $100 strike highlighted:

For detailed information regarding the availability of options for GRMN, NEM, or BG, visit StockOptionsChannel.com.

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

Also see:

• CHCT Dividend History
• Top Ten Hedge Funds Holding YUME
• SLGC YTD Return

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