HomeMarket NewsHighlighted Tuesday Options Activity: Carnival Cruise Lines, Powell Industries, and Marathon Petroleum

Highlighted Tuesday Options Activity: Carnival Cruise Lines, Powell Industries, and Marathon Petroleum

Daily Market Recaps (no fluff)

always free

Today’s High-Volume Options Activity: Carnival, Powell, and Marathon Petroleum

Significant trading volumes reveal investor interest in prominent stocks from the Russell 3000 index.

Examining options trading today, Carnival Corp (Symbol: CCL) is attracting attention with 99,382 contracts traded, equating to about 9.9 million underlying shares. This figure amounts to 43.9% of CCL’s average daily trading volume of 22.6 million shares over the past month. A particularly notable transaction involves the $20 strike call option expiring January 17, 2025, where 10,044 contracts have changed hands, representing roughly 1.0 million shares of CCL. The chart below shows CCL’s trading history over the last twelve months, with the $20 strike indicated in orange:

Loading chart — 2024 TickerTech.com

Powell Industries, Inc. (Symbol: POWL) is also witnessing a robust options volume, with 1,856 contracts traded today. This translates to approximately 185,600 underlying shares, representing 43.3% of POWL’s average daily trading volume of 428,885 shares in the past month. The $380 strike call option expiring December 20, 2024, is particularly active, with 261 contracts traded, which corresponds to around 26,100 shares of POWL. Below is the trailing twelve-month trading history for POWL, highlighting the $380 strike in orange:

Loading chart — 2024 TickerTech.com

Marathon Petroleum Corp. (Symbol: MPC) is showing a volume of 9,557 contracts today, which equates to about 955,700 underlying shares. This represents a substantial 40.6% of MPC’s average daily trading volume of 2.4 million shares over the last month. Notably, the $75 strike call option expiring January 17, 2025, has seen significant action, with 2,880 contracts traded, representing approximately 288,000 underlying shares of MPC. The following chart details MPC’s trading history over the past twelve months, with the $75 strike indicated in orange:

Loading chart — 2024 TickerTech.com

For more information on the different expirations for CCL, POWL, or MPC options, visit StockOptionsChannel.com.

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

Also see:
  • Closed End Fund Screener
  • VRTU market cap history
  • CNSL Stock Predictions

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

Do you want a daily market summary with no fluff?

Simple Straightforward Daily Stock Market Recaps Sent for free,every single trading day: Read Now

Explore More

Simple Straightforward Daily Stock Market Recaps

Get institutional-level analysis to take your trading to the next level, sign up for free and become apart of the community.