Strong Options Activity in Russell 3000 Components: TPB, TDC, and VRSN Buck the Trend

Today’s options trading highlights significant activity among Russell 3000 index components, particularly Turning Point Brands Inc (Symbol: TPB), Teradata Corp (Symbol: TDC), and Verisign Inc (Symbol: VRSN). Each company has seen noteworthy volume, indicating investor interest and potential market movements.

Turning Point Brands Inc (TPB) Sees a Surge in Call Options

Turning Point Brands Inc (Symbol: TPB) recorded a total volume of 1,137 contracts traded today, which translates to about 113,700 underlying shares, representing 73.7% of the average daily trading volume of 154,320 shares over the past month. The $60 strike call option, expiring on December 20, 2024, accounted for substantial activity, with 661 contracts changing hands, corresponding to approximately 66,100 underlying shares. The following chart illustrates TPB’s trading history over the last twelve months, with the $60 strike clearly marked in orange:

Teradata Corp (TDC) Experiences High Put Option Volume

Teradata Corp (Symbol: TDC) has seen a notable options trading volume of 6,197 contracts, which equates to approximately 619,700 underlying shares—68.4% of TDC’s average daily trading volume of 905,945 shares in the last month. A particularly active contract was the $30 strike put option, set to expire on November 15, 2024, with 3,021 contracts traded today, representing about 302,100 underlying shares. Below is a chart displaying TDC’s trading history for the past twelve months, with the $30 strike highlighted:

Verisign Inc (VRSN) Options Activity Indicates Strong Interest

Verisign Inc (Symbol: VRSN) has recorded an options volume of 4,702 contracts today, representing approximately 470,200 underlying shares, or 68.1% of VRSN’s average daily trading volume of 690,370 shares in the past month. A significant number of trades involved the $175 strike put option expiring on December 20, 2024, with 1,943 contracts traded, accounting for around 194,300 underlying shares. The following chart shows VRSN’s trading activity over the last twelve months, with the $175 strike clearly marked in orange:

For additional information about available expirations for TPB, TDC, or VRSN options, please visit StockOptionsChannel.com.

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