Snowflake, B. Riley, and Robinhood Options See Surge in Trading Activity

Today, trading activity for options in key stocks has caught attention, particularly with notable volumes in Snowflake Inc, B. Riley Financial Inc, and Robinhood Markets Inc.

Snowflake Inc (SNOW) Trading Highlights

Among the Russell 3000 index, Snowflake Inc (Symbol: SNOW) recorded exceptional options trading today. So far, 69,809 contracts have exchanged hands, amounting to about 7.0 million underlying shares. This impressive volume represents approximately 130.5% of SNOW’s average daily trading volume of 5.3 million shares over the past month. A significant portion of this activity was related to the $190 strike call option expiring on February 07, 2025, with 8,655 contracts trading today, equivalent to around 865,500 underlying shares. Below is a chart showing SNOW’s trading history for the past twelve months, with the $190 strike highlighted in orange:

B. Riley Financial Inc (RILY) Options Volume

Similarly, B. Riley Financial Inc (Symbol: RILY) has attracted attention with a trading volume of 9,072 contracts today. This represents around 907,200 underlying shares, or 97.4% of RILY’s average daily trading volume (931,190 shares) over the last month. Notable activity is linked to the $4.50 strike put option expiring on March 07, 2025, which has seen 1,306 contracts traded today, corresponding to about 130,600 underlying shares. Below is a chart depicting RILY’s trading history for the last twelve months, with the $4.50 strike highlighted in orange:

Robinhood Markets Inc (HOOD) Sees Significant Activity

Robinhood Markets Inc (Symbol: HOOD) is also experiencing a significant uptick in options trading. Today, 182,477 contracts have been traded, representing approximately 18.2 million underlying shares. This volume accounts for about 88.5% of HOOD’s average daily trading volume of 20.6 million shares over the past month. Particularly noteworthy is the high volume observed for the $55 strike call option expiring on February 07, 2025, which has seen 17,176 contracts traded today, amounting to around 1.7 million underlying shares. The following chart illustrates HOOD’s trading history over the past year, with the $55 strike emphasized in orange:

If you’re interested in exploring various expirations for SNOW, RILY, or HOOD options, check out StockOptionsChannel.com.

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

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• AMSC Videos
• ADTX Videos
• Institutional Holders of TRIP

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