Spike in Options Trading Signals Investor Interest in Major Companies

Today’s trading activity in the Russell 3000 index showcases significant interest in Match Group Inc, Axon Enterprise Inc, and Summit Materials Inc.

Match Group Inc (MTCH) Sees High Options Volume

Match Group Inc (Symbol: MTCH) is experiencing notable options trading, with 24,419 contracts exchanged today. This volume translates to approximately 2.4 million underlying shares, making up 45.1% of MTCH’s average daily trading volume of 5.4 million shares over the past month. The most active option is the $32.50 strike call expiring December 20, 2024, which has seen 5,541 contracts traded, equal to around 554,100 underlying shares. The chart below illustrates MTCH’s trading history, with the $32.50 strike highlighted in orange:

Axon Enterprise Inc (AXON) Options Generate Significant Activity

Options trading for Axon Enterprise Inc (Symbol: AXON) reached 4,193 contracts today. This represents about 419,300 underlying shares, accounting for 44.5% of AXON’s average daily trading volume of 941,740 shares over the past month. The $650 strike call option expiring January 17, 2025, stands out with 1,275 contracts traded, representing approximately 127,500 underlying shares. Below is a chart showing AXON’s trading history, with the $650 strike marked in orange:

Summit Materials Inc (SUM) Records High Options Trading

Summit Materials Inc (Symbol: SUM) shows a strong options volume as well, with 7,475 contracts traded today. This amounts to about 747,500 underlying shares, making up 43.6% of SUM’s average daily trading volume of 1.7 million shares over the past month. The $52.50 strike call option expiring December 20, 2024, has notable activity, with 3,137 contracts traded, equating to around 313,700 underlying shares. See the chart below for SUM’s trading history, highlighting the $52.50 strike in orange:

For more options information regarding MTCH, AXON, or SUM, check out StockOptionsChannel.com.

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

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• Benford’s Law Stocks
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.