HomeMarket NewsHighlighting Wednesday's Significant Options Trends: AFRM, MGM, YOU

Highlighting Wednesday’s Significant Options Trends: AFRM, MGM, YOU

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Active Options Trading Highlights Significant Moves Among Russell 3000 Stocks

Affirm, MGM, and Clear Secure See Notable Volume in Options Markets

Today’s options trading activity among stocks in the Russell 3000 index reveals some intriguing movements, particularly in Affirm Holdings Inc (Symbol: AFRM). As of now, 37,652 contracts have been traded, which translates to about 3.8 million underlying shares. This figure represents 52.1% of AFRM’s average daily trading volume over the past month, which is 7.2 million shares. Notably, the $73 strike put option expiring on February 14, 2025, has experienced a significant surge, with 3,476 contracts traded, accounting for approximately 347,600 underlying shares. Below is a chart that illustrates AFRM’s trailing twelve-month trading history, highlighting the $73 strike in orange:

Loading+chart+—+2025+TickerTech.com

MGM Resorts International (Symbol: MGM) also captured attention with options trading volume reaching 23,317 contracts, which equals about 2.3 million underlying shares. This equates to approximately 51.1% of MGM’s average daily trading volume over the past month of 4.6 million shares. Among these trades, the $34.50 strike put option, set to expire on February 14, 2025, saw particularly high activity with 1,644 contracts traded, representing around 164,400 underlying shares. Below is a chart detailing MGM’s trailing twelve-month trading history, with the $34.50 strike marked in orange:

Loading+chart+—+2025+TickerTech.com

Clear Secure Inc (Symbol: YOU) witnessed a trading volume of 8,236 contracts, equating to about 823,600 underlying shares, or roughly 49.1% of YOU’s average daily trading volume of 1.7 million shares over the past month. The $27 strike call option expiring on May 16, 2025, saw significant interest as well, with 3,367 contracts traded, representing approximately 336,700 underlying shares. Below is a chart displaying YOU’s trailing twelve-month trading history, with the $27 strike highlighted in orange:

Loading+chart+—+2025+TickerTech.com

For more information regarding the various expirations for options on AFRM, MGM, or YOU, please visit StockOptionsChannel.com.

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

Also see:
  • Cheap Industrials Stocks
  • MOMT Insider Buying
  • Funds Holding BSAE

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

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