Spike in Options Trading for lululemon, Axsome, and Flagstar Brands

Key Trading Volumes Indicate Increased Investor Interest

Among the components of the Russell 3000 index, notable options trading activity has been observed today in lululemon athletica inc (Symbol: LULU). So far, 13,723 contracts have been traded, which corresponds to approximately 1.4 million underlying shares. This figure represents about 74.9% of LULU’s average daily trading volume of 1.8 million shares over the past month. Particularly, the $340 strike call option expiring on November 29, 2024, has garnered attention with 1,192 contracts traded today, equating to around 119,200 underlying LULU shares. Below is a chart showing LULU’s trading history over the past year, with the $340 strike highlighted in orange:

Also making waves is Axsome Therapeutics Inc (Symbol: AXSM), which has recorded an options trading volume of 4,129 contracts so far today. This total represents about 412,900 underlying shares and amounts to a significant 72.6% of AXSM’s average daily trading volume of 568,415 shares over the last month. Noteworthy trading was observed for the $140 strike call option expiring January 17, 2025, with 2,358 contracts traded today, representing approximately 235,800 underlying shares of AXSM. Below is a chart depicting AXSM’s trading history from the past year, with the $140 strike highlighted in orange:

Flagstar Financial Inc (Symbol: FLG) is also seeing high activity, with a trading volume of 41,471 contracts thus far today. This translates to approximately 4.1 million underlying shares and represents 67.7% of FLG’s average daily trading volume of 6.1 million shares over the past month. A large volume was recorded for the $14 strike call option expiring April 17, 2025, with 4,335 contracts traded today, equating to about 433,500 underlying FLG shares. Below is a chart displaying FLG’s trading history for the past year, with the $14 strike highlighted in orange:

For further details on available expirations for LULU, AXSM, or FLG options, visit StockOptionsChannel.com.

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

Also see:

• SOS Options Chain
• Funds Holding ARRY
• FCFP Price Target

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