Options Trading Surge in HP, Marvell, and Five9 Shares
Among the Russell 3000 index components, notable options trading was observed today in HP Inc (Symbol: HPQ), with 34,252 contracts exchanged, equating to about 3.4 million underlying shares. This volume constitutes approximately 49.2% of HPQ’s average daily trading volume of 7.0 million shares over the past month. The $28 strike call option expiring on May 30, 2025, stood out, with 6,400 contracts traded, representing around 640,000 underlying shares.
Marvell Technology Inc (Symbol: MRVL) experienced a trading volume of 81,671 contracts, which is about 8.2 million underlying shares, representing 46.4% of its average daily volume of 17.6 million shares over the past month. The $75 strike call option expiring on June 20, 2025, saw significant activity, with 5,565 contracts traded, indicating roughly 556,500 underlying shares.
Five9, Inc (Symbol: FIVN) recorded an options volume of 9,237 contracts today, translating to approximately 923,700 underlying shares and 46.3% of its average daily trading volume of 2.0 million shares. The $22.50 strike put option expiring on July 18, 2025, accounted for high trading activity, with 3,401 contracts exchanged, representing about 340,100 underlying shares.
For further options expiration details regarding HPQ, MRVL, or FIVN, visit StockOptionsChannel.com.
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