Increased Options Activity in C3.ai, Marriott Vacations, and lululemon
Investors are closely monitoring substantial options trading in three notable companies today.
C3.ai Inc. Sees Major Options Volume
In options trading related to the Russell 3000 index, C3.ai Inc (Symbol: AI) is making headlines. Today, 83,255 contracts have been traded, which is roughly equivalent to 8.3 million underlying shares, since each contract represents 100 shares. This trading volume is 62.4% of AI’s average daily trading volume over the past month, which stands at 13.3 million shares. Specifically, the $47 strike call option set to expire on December 27, 2024, has garnered attention with 7,427 contracts changing hands today, equal to about 742,700 underlying shares of AI. The chart below illustrates AI’s trading history over the past twelve months, with the $47 strike marked in orange:
Marriott Vacations Shows Significant Options Activity
Similarly, Marriott Vacations Worldwide Corp. (Symbol: VAC) has recorded 1,706 options contracts traded today, representing approximately 170,600 underlying shares. This is a significant 59.9% of VAC’s monthly average daily trading volume of 284,930 shares. The $85 strike call option, which expires on December 20, 2024, stands out with 612 contracts traded, equivalent to 61,200 underlying shares of VAC. Below is a chart of VAC’s trading history over the past twelve months, with the $85 strike highlighted:
Trading Interest in lululemon athletica Inc.
Options trading for lululemon athletica inc (Symbol: LULU) is also noteworthy today. The company has seen a total of 13,766 contracts traded, equating to around 1.4 million underlying shares. This volume is 58.4% of LULU’s average daily trading volume of 2.4 million shares over the past month. The $400 strike call option, expiring on December 27, 2024, has attracted 1,180 contracts today, representing approximately 118,000 underlying shares of LULU. The following chart displays LULU’s trading history over the last twelve months, with the $400 strike highlighted:
For further information on the available options expirations for AI, VAC, or LULU, visit StockOptionsChannel.com.
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