Increased Options Activity Noted for CrowdStrike, Schwab, and Travere

Today, options trading activity within the Russell 3000 index highlights several notable movements. CrowdStrike Holdings Inc (Symbol: CRWD) has seen significant engagement, with a total of 17,953 contracts traded. This volume indicates approximately 1.8 million underlying shares, which represents 53.3% of CRWD’s average daily trading volume over the past month, sitting at 3.4 million shares. Noteworthy is the $450 strike call option expiring on May 23, 2025; thus far, 720 contracts have traded, translating to around 72,000 underlying shares of CRWD.

Below is a chart illustrating CRWD’s trailing twelve-month trading history, with the $450 strike highlighted in orange:

The Charles Schwab Corporation (Symbol: SCHW) also saw robust options trading, with 44,173 contracts exchanged, representing around 4.4 million underlying shares. This accounts for approximately 53% of SCHW’s average daily trading volume of 8.3 million shares over the last month. The $97 strike call option set to expire on June 20, 2025, garnered particular attention with 23,929 contracts trading today, equating to about 2.4 million underlying shares.

Below is a chart showing SCHW’s trading history over the past year, highlighting the $97 strike in orange:

Travere Therapeutics Inc (Symbol: TVTX) reported a trading volume of 9,491 contracts today. This figure represents approximately 949,100 underlying shares, making up 51.4% of TVTX’s average daily trading volume of 1.8 million shares. A significant volume was observed for the $15 strike put option with an expiration date of June 20, 2025, where 5,036 contracts traded, correlating to around 503,600 underlying shares of TVTX.

Below is a chart showing TVTX’s trading history for the last twelve months, with the $15 strike indicated in orange:

For further insights into the available expirations for CRWD, SCHW, and TVTX options, additional resources are available.

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

Additional Information:

• NIQ Videos
• EMMA shares outstanding history
• Funds Holding KMT

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