High Options Trading Volume Highlights Opportunities in Biohaven, Getty Images, and Affirm

Notable Activity Across Russell 3000 Index Components

Today, options trading surged within the Russell 3000 index, particularly for Biohaven Ltd (Symbol: BHVN). A total of 3,594 contracts have changed hands, equating to about 359,400 underlying shares. This trading volume constitutes approximately 41.2% of BHVN’s average daily trading volume of 872,825 shares over the past month. A significant focus was on the $42.50 strike put option that expires on November 15, 2024, which saw 1,046 contracts traded today, representing roughly 104,600 shares. The following chart illustrates BHVN’s trading history over the past twelve months, with the $42.50 strike highlighted in orange:

Meanwhile, Getty Images Holdings Inc (Symbol: GETY) is also experiencing a robust options market, with 956 contracts traded so far today. This figure represents about 95,600 underlying shares, accounting for a substantial 41.1% of GETY’s average daily trading volume of 232,845 shares over the past month. The $4 strike call option expiring on November 15, 2024, had a high volume of 333 contracts traded today, reflecting around 33,300 underlying shares. Below is the chart depicting GETY’s trading activity over the last twelve months, with the $4 strike marked in orange:

Affirm Holdings Inc (Symbol: AFRM) is also seeing notable options activity, with 37,862 contracts traded thus far. This number translates to approximately 3.8 million underlying shares, making up about 41.1% of AFRM’s average daily trading volume of 9.2 million shares for the month. The $44 strike call option expiring on November 01, 2024, showed strong interest with 2,394 contracts traded, corresponding to around 239,400 underlying shares. The chart below depicts AFRM’s trading history for the past twelve months, with the $44 strike clearly highlighted:

For those looking for more options expirations for BHVN, GETY, or AFRM, further details can be found at StockOptionsChannel.com.

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

Also see:

• ALTY market cap history
• Funds Holding TOK
• EVTC shares outstanding history

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