Highlighting Friday’s Significant Options Trading: THO, FCX, CHTR

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Surge in Options Trading for Thor Industries, Freeport-McMoRan, and Charter Communications

Among the components of the Russell 3000 index, Thor Industries, Inc. (Symbol: THO) saw significant options trading today. A total of 2,897 contracts exchanged hands, representing around 289,700 underlying shares. This trading volume constitutes approximately 47.8% of THO’s average daily trading volume of 606,670 shares over the past month. High interest was particularly noted in the $80 strike call option, expiring on May 16, 2025, with 2,723 contracts traded, which corresponds to about 272,300 underlying shares of THO. The chart below highlights THO’s trailing twelve-month trading history, with the $80 strike marked in orange:

THO Trading Chart

Freeport-McMoRan Copper & Gold (Symbol: FCX) also experienced notable options trading, with 62,563 contracts traded, representing approximately 6.3 million underlying shares. This figure is roughly 47.1% of FCX’s average daily trading volume of 13.3 million shares over the past month. Of particular interest was the $40 strike call option set to expire on May 30, 2025, with 3,793 contracts traded, accounting for about 379,300 underlying shares of FCX. The chart below showcases FCX’s trailing twelve-month trading history, with the $40 strike highlighted in orange:

FCX Trading Chart

Charter Communications Inc (Symbol: CHTR) recorded options trading of 6,601 contracts, equivalent to approximately 660,100 underlying shares. This volume is about 46.6% of CHTR’s average daily trading volume of 1.4 million shares over the past month. Notably, the $415 strike put option expiring on May 16, 2025, saw 747 contracts traded, representing around 74,700 underlying shares of CHTR. Below is a chart detailing CHTR’s trailing twelve-month trading history, with the $415 strike marked in orange:

CHTR Trading Chart

For those interested in the various expirations for options on THO, FCX, or CHTR, further information can be found at StockOptionsChannel.com.

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

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