February 27, 2025

Ron Finklestien

Significant Thursday Options Trading: BURL, WMT, NVAX

Record Options Trading Activity in Russell 3000 Components

Examining options trading among the components of the Russell 3000 index reveals significant activity today, particularly with Burlington Stores Inc (Symbol: BURL). A total volume of 4,921 contracts has been traded, which equals around 492,100 underlying shares. This figure represents 50.1% of BURL’s average daily trading volume, standing at 982,590 shares over the past month. Most notably, there was a surge in demand for the $255 strike call option, set to expire on February 28, 2025, with 2,246 contracts exchanged today, translating to approximately 224,600 underlying shares of BURL. Below is a chart illustrating BURL’s trading history over the past twelve months, with the $255 strike highlighted in orange:

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Walmart Inc (Symbol: WMT) is also experiencing robust options trading, with 95,943 contracts traded—equating to about 9.6 million underlying shares. This figure represents approximately 49.2% of WMT’s average daily trading volume, which totals 19.5 million shares over the last month. A significant spike occurred with the $98 strike call option, expiring on February 28, 2025, as 6,848 contracts have been traded so far today, amounting to roughly 684,800 underlying shares of WMT. Below is a chart displaying WMT’s 12-month trading history, with the $98 strike highlighted in orange:

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Novavax, Inc. (Symbol: NVAX) has also seen active options trading today, with 18,828 contracts exchanged, representing approximately 1.9 million underlying shares, or 48.9% of NVAX’s average daily trading volume of 3.9 million shares over the past month. A particularly notable amount of trading focused on the $10 strike put option, which expires on January 16, 2026, where 2,960 contracts have been traded today, accounting for approximately 296,000 underlying shares of NVAX. Below is a chart of NVAX’s trading history, with the $10 strike marked in orange:

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For more details on the various available expirations for BURL, WMT, or NVAX options, visit StockOptionsChannel.com.

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

also see:
  • Closed-End Funds List
  • Funds Holding ESCA
  • NSA Videos

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


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