Surging Options Trading: Novavax, Natera, and Albemarle Stand Out Today
Novavax, Inc. (Symbol: NVAX) Sees Record Option Activity
Among the components of the Russell 3000 index, Novavax, Inc. (Symbol: NVAX) is notable today with exceptional trading activity. A total of 61,950 options contracts have been traded, which equates to around 6.2 million underlying shares. This figure represents approximately 102.2% of NVAX’s average daily trading volume of 6.1 million shares over the past month. Particularly, the $10 strike call option set to expire on November 15, 2024, has recorded 10,885 contracts being traded, amounting to roughly 1.1 million underlying shares. Below is a chart detailing NVAX’s trading history over the last twelve months, with the $10 strike clearly marked in orange:
Natera Inc (Symbol: NTRA) Experiences Strong Option Demand
Natera Inc (Symbol: NTRA) is also catching attention, with options trading volume totaling 7,535 contracts, representing about 753,500 underlying shares. This accounts for approximately 85.3% of NTRA’s average daily trading volume of 883,560 shares over the last month. The $125 strike put option expiring on November 15, 2024, led the way with 3,379 contracts traded today, indicating about 337,900 underlying shares. Below is a visual representation of NTRA’s trading history for the past year, with the $125 strike highlighted in orange:
Albemarle Corp. (Symbol: ALB) Shows Significant Options Activity
Albemarle Corp. (Symbol: ALB) has also seen substantial options trading with a total of 18,436 contracts exchanged today. This represents around 1.8 million underlying shares, or 82.8% of ALB’s average daily trading volume of 2.2 million shares over the last month. The $110 strike call option, set to expire on November 15, 2024, saw 874 contracts traded today, corresponding to approximately 87,400 underlying shares. The following chart illustrates ALB’s trading history for the past twelve months, especially highlighting the $110 strike:
For further information on the various available expirations for NVAX, NTRA, or ALB options, visit StockOptionsChannel.com.
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META Average Annual Return
IBBQ Shares Outstanding History
Funds Holding BSA
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.