Options Trading Volume Surges for Netflix, Nordstrom, and Root

Among the underlying components of the Russell 3000 index, significant options trading volume was noted today for Netflix Inc (Symbol: NFLX). With a total of 68,311 contracts traded so far, this represents approximately 6.8 million underlying shares. This figure reflects around 186.2% of NFLX’s average daily trading volume over the past month, which was 3.7 million shares. A particularly high volume was observed for the $1000 strike call option set to expire on February 28, 2025, with 5,831 contracts trading so far today, accounting for about 583,100 underlying shares of NFLX. Below is a chart illustrating NFLX’s trailing twelve-month trading history, with the $1000 strike highlighted in orange:

Nordstrom Options Trading Analysis

Nordstrom, Inc. (Symbol: JWN) also experienced notable options trading, with a total of 26,827 contracts traded, representing about 2.7 million underlying shares. This volume equates to approximately 178% of JWN’s average daily trading volume of 1.5 million shares over the past month. The $25 strike call option expiring on March 07, 2025, saw particularly high activity, with 19,898 contracts trading today, reflecting around 2.0 million underlying shares of JWN. Below is a chart capturing JWN’s trailing twelve-month trading history, with the $25 strike highlighted in orange:

Root Inc’s Trading Activity

Root Inc (Symbol: ROOT) recorded options trading volume of 8,339 contracts, approximately 833,900 underlying shares, equating to roughly 174.7% of ROOT’s average daily trading volume of 477,200 shares over the past month. The $100 strike put option expiring on March 21, 2025, attracted significant interest, with 847 contracts trading today, corresponding to around 84,700 underlying shares of ROOT. Below is a chart showing ROOT’s trailing twelve-month trading history, with the $100 strike highlighted in orange:

For more options expirations related to NFLX, JWN, or ROOT, visit StockOptionsChannel.com.

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