Options Trading Insights: Marathon Digital, First Solar, and Royal Caribbean
Today, significant options trading is occurring among the components of the Russell 3000 index. Marathon Digital Holdings Inc (Symbol: MARA) has attracted notable attention, with a total of 287,729 contracts traded so far. This volume translates to approximately 28.8 million underlying shares, as each contract represents 100 underlying shares. This volume accounts for 68% of MARA’s average daily trading volume of 42.3 million shares over the past month.
The $16.50 strike call option expiring on May 16, 2025, has seen particularly high activity, with 34,543 contracts traded today, representing around 3.5 million underlying shares. Below is a chart depicting MARA’s trailing twelve-month trading history, highlighting the $16.50 strike in orange:
Similarly, First Solar Inc (Symbol: FSLR) experienced options trading volume of 39,671 contracts, which indicates approximately 4.0 million underlying shares. This represents about 67.9% of FSLR’s average daily trading volume of 5.8 million shares in the last month. The $130 strike put option expiring on January 15, 2027, has been active as well, with 3,007 contracts traded today, equivalent to about 300,700 underlying shares. Below is a chart showing FSLR’s trailing twelve-month trading history, with the $130 strike highlighted:
Royal Caribbean Group (Symbol: RCL) is also seeing an uptick in options trading, with 12,909 contracts executed so far today. This represents about 1.3 million underlying shares, accounting for 64.1% of RCL’s average daily trading volume of 2.0 million shares over the past month. High volume was noted for the $210 strike put option expiring on May 23, 2025, with 3,861 contracts trading, representing approximately 386,100 underlying shares. A chart illustrating RCL’s trailing twelve-month trading history is provided below, with the $210 strike highlighted:
For further information on various option expirations for MARA, FSLR, or RCL options, please visit StockOptionsChannel.com.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
