Surge in Options Trading Highlights Key Players in the Russell 3000

Qiagen NV (QGEN), Nucor Corp. (NUE), and Syndax Pharmaceuticals Inc (SNDX) experience significant activity in the options market today.

Among the companies in the Russell 3000 index, Qiagen NV (Symbol: QGEN) has captured attention with a robust options trading volume. Today, 4,818 contracts have changed hands, indicating about 481,800 underlying shares. This trading volume is approximately 51.9% of QGEN’s average daily trading volume over the past month, which stands at 927,595 shares. The $45 strike call option, due to expire on November 15, 2024, is particularly notable, with 4,593 contracts traded, accounting for around 459,300 underlying shares. Below is a chart depicting QGEN’s trading history over the last twelve months, with the highlighted $45 strike shown in orange:

Nucor Corp. (Symbol: NUE) also saw impressive options trading today. A total of 12,025 contracts traded, corresponding to roughly 1.2 million underlying shares, or about 51.7% of NUE’s average daily trading volume of 2.3 million shares over the past month. The $170 strike call option, expiring on November 29, 2024, has had significant activity with 5,785 contracts traded, equating to approximately 578,500 underlying shares. The following chart illustrates NUE’s trailing twelve-month trading history, with the $170 strike highlighted:

Syndax Pharmaceuticals Inc (Symbol: SNDX) reported options trading of 4,800 contracts, representing roughly 480,000 underlying shares. This figure reflects about 49.9% of SNDX’s average daily trading volume of 962,195 shares over the last month. The $17.50 strike call option, set to expire on January 17, 2025, saw particularly high activity with 1,782 contracts traded, representing approximately 178,200 underlying shares of SNDX. Below is the chart showing SNDX’s trading history for the past year, with the $17.50 strike highlighted in orange:

For detailed information on available options for QGEN, NUE, or SNDX, visit StockOptionsChannel.com.

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