Options Trading Heats Up for Thor Industries, Twilio, and Occidental Petroleum
Significant Trading Volumes Indicate Market Interest
Looking at options trading activity within the Russell 3000 index, notable occurrences have emerged today, particularly involving Thor Industries, Inc. (Symbol: THO). The total volume traded has reached 2,755 contracts, which translates to about 275,500 underlying shares (with each contract representing 100 shares). This volume accounts for approximately 55.5% of THO’s average daily trading activity over the past month, which stands at 496,300 shares.
High volume activity focused on the $120 strike call option expiring December 20, 2024, with 769 contracts traded today, equating to around 76,900 underlying shares of THO. The following chart illustrates THO’s trailing twelve-month trading history, with the $120 strike highlighted in orange:
Increased Option Activity for Twilio Inc.
Twilio Inc. (Symbol: TWLO) also experienced a surge in options trading, with a total of 15,447 contracts traded. This amount represents roughly 1.5 million underlying shares, or about 55.5% of TWLO’s average daily trading volume over the past month, which is 2.8 million shares.
Notably, the $100 strike call option set to expire on November 15, 2024, saw significant interest, with 1,177 contracts traded today, representing around 117,700 underlying shares of TWLO. The chart below shows TWLO’s trailing twelve-month trading history, with the $100 strike highlighted in orange:
Occidental Petroleum Corp Shows High Options Trading Volume
Occidental Petroleum Corp (Symbol: OXY) recorded an impressive options trading volume of 57,327 contracts, corresponding to about 5.7 million underlying shares. This figure represents approximately 55% of OXY’s average daily trading volume over the last month, which stands at 10.4 million shares.
The $50 strike put option expiring on November 15, 2024, attracted particularly high interest, with 3,562 contracts traded today, representing about 356,200 underlying shares of OXY. Below is a chart depicting OXY’s trailing twelve-month trading history, with the $50 strike highlighted in orange:
For various options expirations available for THO, TWLO, or OXY, please visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
• Airlines Dividend Stocks
• VINP Stock Predictions
• IFN Dividend History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.