Busy Day for Options Trading: Avis, BioMarin, and Alphabet Stand Out
Options trading activity surged today among key players in the Russell 3000 index, with Avis Budget Group Inc, BioMarin Pharmaceutical Inc, and Alphabet Inc demonstrating significant volume.
Avis Budget Group’s Options Take Center Stage
Avis Budget Group Inc (Symbol: CAR) saw notable options trading with a total of 3,868 contracts processed so far, equating to approximately 386,800 shares. This trading volume represents about 46.4% of CAR’s average daily trading volume of 834,350 shares over the past month. Particularly interesting was the $113 strike call option set to expire on November 22, 2024, with 503 contracts traded today, amounting to around 50,300 underlying shares of CAR. Below is a chart highlighting CAR’s trailing twelve-month trading history, with the $113 strike marked in orange:
BioMarin Pharmaceutical Shows High Options Activity
BioMarin Pharmaceutical Inc (Symbol: BMRN) is also experiencing robust options trading today, with 6,928 contracts exchanged, representing about 692,800 shares. This figures out to a significant 46% of BMRN’s average daily trading volume over the past month, which stands at 1.5 million shares. The $70 strike call option, expiring on April 17, 2025, garnered particular attention today, with 2,004 contracts traded, correlating to approximately 200,400 underlying shares of BMRN. Below, you’ll find the chart depicting BMRN’s twelve-month trading history, with the $70 strike highlighted in orange:
Alphabet Inc’s Options Volume is Impressive
Alphabet Inc (Symbol: GOOG) showcased the highest volume today, with 84,618 contracts traded, which corresponds to approximately 8.5 million shares. This volume marks around 45.8% of GOOG’s average daily trading volume over the past month of 18.5 million shares. The $182.50 strike call option set to expire on November 15, 2024, was particularly active, with 8,290 contracts traded, representing about 829,000 underlying shares of GOOG. The chart below illustrates GOOG’s trading history over the last twelve months, with the $182.50 strike highlighted in orange:
For further details about available expirations for CAR, BMRN, or GOOG options, visit StockOptionsChannel.com.
Explore Today’s Most Active Call & Put Options of the S&P 500 »
Additional Insights:
- CTRV shares outstanding history
- TNDM Insider Buying
- Institutional Holders of NAO
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
