Surge in Options Trading: BILL, Toast, and Turtle Beach See Notable Activity

Today, interesting movement in the options market was noted among three companies within the Russell 3000 index.

High Volume for BILL Holdings Inc

BILL Holdings Inc (Symbol: BILL) experienced a remarkable options trading volume with a total of 16,198 contracts processed, which equates to approximately 1.6 million underlying shares. This figure represents around 131.9% of BILL’s average daily trading volume of 1.2 million shares over the past month. The most notable activity involved the $46 strike put option set to expire on November 08, 2024, with 1,380 contracts traded today, translating to roughly 138,000 underlying shares of BILL. Below is a chart depicting BILL’s trading history over the last twelve months, marking the $46 strike in orange:

Toast Inc Sees Significant Trading Activity

Options trading for Toast Inc (Symbol: TOST) totaled 62,901 contracts today, which corresponds to about 6.3 million underlying shares, representing approximately 120.1% of TOST’s average daily trading volume of 5.2 million shares over the prior month. The standout was the $35 strike call option set to expire on January 15, 2027, where 10,005 contracts traded today, indicating around 1.0 million underlying shares of TOST. The following chart illustrates TOST’s trading history for the past twelve months, with the $35 strike highlighted:

Turtle Beach Corp Options Active as Well

Turtle Beach Corp (Symbol: HEAR) also had notable options activity, with 2,077 contracts traded today, equating to approximately 207,700 underlying shares. This total represents about 120.1% of HEAR’s average daily trading volume of 172,980 shares over the last month. High volume was seen for the $16 strike call option expiring on January 17, 2025, with 1,020 contracts traded today, representing approximately 102,000 underlying shares of HEAR. Here’s a chart displaying HEAR’s trading history over the past twelve months, with the $16 strike marked in orange:

For additional expiring options for BILL, TOST, or HEAR, visit StockOptionsChannel.com.

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

Also see:

• IPAC market cap history
• GLP YTD Return
• Top Ten Hedge Funds Holding TASK

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