Surge in Options Trading: Noble, Upstart, and B. Riley Capture the Spotlight

Active Options Volume Indicates Strong Investor Interest

Options trading in the Russell 3000 index exhibited significant activity today, particularly for Noble Corporation plc (Symbol: NE). A notable number of 9,205 contracts have been traded, which equates to around 920,500 underlying shares. This figure represents approximately 43% of NE’s average daily trading volume of 2.1 million shares over the past month. The highest concentration was observed in the $35 strike call option set to expire on November 15, 2024, with 5,640 contracts traded today, corresponding to about 564,000 underlying shares of NE. Below is a chart reflecting NE’s trading history over the last twelve months, highlighting the $35 strike option in orange:

Upstart Holdings Experiences Substantial Options Activity

Upstart Holdings Inc (Symbol: UPST) has also seen vigorous options trading today, with 31,556 contracts changing hands. This activity represents roughly 3.2 million underlying shares and is about 42.7% of UPST’s average daily trading volume of 7.4 million shares over the past month. A key driver of this activity was the $55 strike call option, with 6,349 contracts traded, equating to around 634,900 underlying shares of UPST. The chart below shows UPST’s trading history from the past year, with the $55 strike highlighted in orange:

B. Riley Financial Sees Increased Options Activity as Well

B. Riley Financial Inc (Symbol: RILY) recorded options trading volume of 11,671 contracts today, representing about 1.2 million underlying shares, which is roughly 42.5% of RILY’s average trading volume of 2.7 million shares over the past month. The $5.50 strike put option, expiring on November 15, 2024, led the way with 2,526 contracts traded, indicating approximately 252,600 underlying shares of RILY. Below is a chart illustrating RILY’s trading history over the last year, highlighting the $5.50 strike option in orange:

For additional details on available expirations for NE, UPST, or RILY options, visit StockOptionsChannel.com.

Explore Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• Funds Holding JKS
• RUSL shares outstanding history
• Regeneron Pharmaceuticals shares outstanding history

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