Options Trading Insights: Hawaiian Electric, NextDecade, and American Express
Today, significant options trading activity was observed among the underlying components of the Russell 3000 index. Hawaiian Electric Industries Inc (Symbol: HE) experienced notable trading volume, with a total of 7,827 contracts exchanged, representing approximately 782,700 underlying shares. This figure constitutes about 49% of HE’s average daily trading volume of 1.6 million shares over the past month. A particularly high volume was recorded for the $11 strike call option set to expire on May 16, 2025, with 4,128 contracts traded, translating to roughly 412,800 underlying shares of HE. Below is a chart displaying HE’s trailing twelve-month trading history, highlighting the $11 strike in orange:
NextDecade Corp (Symbol: NEXT) also showed impressive trading volume, with 6,919 contracts handled today. This figure represents approximately 691,900 underlying shares, accounting for about 48.7% of NEXT’s average daily trading volume over the past month, which is 1.4 million shares. The $7 strike put option expiring on June 20, 2025, saw particularly high activity, with 4,007 contracts traded, equating to around 400,700 underlying shares of NEXT. Below is a chart showing NEXT’s trailing twelve-month trading history, with the $7 strike highlighted in orange:
American Express Co. (Symbol: AXP) reported options trading volume of 14,696 contracts, representing approximately 1.5 million underlying shares. This figure represents about 48.5% of AXP’s average daily trading volume over the past month, which is 3.0 million shares. A notable volume spike occurred for the $285 strike call option set to expire on May 16, 2025, with 522 contracts traded, amounting to roughly 52,200 underlying shares of AXP. Below is a chart illustrating AXP’s trailing twelve-month trading history, with the $285 strike highlighted in orange:
For detailed information on the various expirations available for options on HE, NEXT, or AXP, visit StockOptionsChannel.com.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
