Options Trading Surge in Block Inc, WillScot Holdings, and Bloomin’ Brands
Today’s options trading data spotlight significant activity in several companies within the Russell 3000 index.
Block Inc Sees Record-High Options Trading Activity
Block Inc (Symbol: SQ) has experienced remarkable options trading volume today, with a total of 157,689 contracts exchanged. This represents about 15.8 million underlying shares, amounting to a striking 272.7% of SQ’s average daily trading volume of 5.8 million shares over the last month. The $74 strike call option expiring on November 15, 2024, stood out, with 8,754 contracts traded, equivalent to roughly 875,400 underlying shares. Below is a chart illustrating SQ’s trading history over the past year, highlighting the $74 strike in orange:
WillScot Holdings Corp Matches High Options Volume
In a similar vein, WillScot Holdings Corp (Symbol: WSC) logged options trading volume of 112,762 contracts today, equating to approximately 11.3 million underlying shares, or around 269% of its monthly average of 4.2 million shares. The $50 strike call option expiring on March 21, 2025, attracted particularly high interest, showing trading of 60,348 contracts, or roughly 6.0 million shares. A chart of WSC’s trading history for the past year, with the $50 strike highlighted, is presented below:
Bloomin’ Brands Inc Reports Strong Options Activity
Bloomin’ Brands Inc (Symbol: BLMN) recorded options trading volume of 39,337 contracts today, translating to around 3.9 million underlying shares. This figure corresponds to approximately 254.3% of BLMN’s typical daily trading volume of 1.5 million shares for the last month. A notable point for BLMN was the $12.50 strike put option, with 35,443 contracts traded, representing approximately 3.5 million underlying shares. Below is a chart showcasing BLMN’s trading history for the year, with the $12.50 strike emphasized:
For more information on the various potential options expirations for SQ, WSC, or BLMN, visit StockOptionsChannel.com.
Check Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- NGAB shares outstanding history
- ELMD Options Chain
- ELBM shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
