Surge in Options Trading for Carvana, Advance Auto Parts, and TG Therapeutics

Among the noteworthy movements within the Russell 3000 index today, options trading has seen significant activity among three companies: Carvana Co (Symbol: CVNA), Advance Auto Parts Inc (Symbol: AAP), and TG Therapeutics Inc (Symbol: TGTX).

Carvana Co Sees Impressive Contract Volume

Carvana Co (Symbol: CVNA) experienced a remarkable options trading volume of 26,898 contracts, translating to roughly 2.7 million underlying shares. This figure represents about 81.2% of CVNA’s average daily trading volume over the last month, which stood at 3.3 million shares. A particular highlight was the trading of the $240 strike call option set to expire on November 15, 2024, where 2,594 contracts changed hands, accounting for approximately 259,400 underlying shares. Below is a chart illustrating CVNA’s trading history over the past twelve months, with the $240 strike option marked in orange:

Advance Auto Parts Records Strong Trading Activity

For Advance Auto Parts Inc (Symbol: AAP), options trading reached 19,213 contracts today. This volume corresponds to approximately 1.9 million underlying shares, representing an impressive 78.7% of AAP’s average daily trading volume over the past month of 2.4 million shares. The $39.50 strike put option expiring on November 22, 2024, saw particularly high activity, with 1,711 contracts traded, indicating about 171,100 underlying shares. Here’s AAP’s twelve-month trading chart, featuring the $39.50 strike in orange:

TG Therapeutics Sees Significant Contract Flow

TG Therapeutics Inc (Symbol: TGTX) recorded an options trading volume of 25,350 contracts today, representing roughly 2.5 million underlying shares, or about 74.2% of TGTX’s average daily trading volume over the past month, which is 3.4 million shares. Notably, the $32 strike call option expiring on November 22, 2024, saw 3,476 contracts traded, equating to approximately 347,600 underlying shares. Below is TGTX’s twelve-month trading chart with the $32 strike highlighted:

To explore various expirations for CVNA, AAP, or TGTX options, visit StockOptionsChannel.com.

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

Also see:

• ESSX Historical Stock Prices
• JNPR MACD
• Starbucks RSI

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