Highlights from Thursday’s Option Trading: SNOW, OUT, DELL

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On a notable trading day, Snowflake Inc. (SNOW) recorded options trading volume of 27,168 contracts, totaling approximately 2.7 million underlying shares, which is 72.7% of its average daily trading volume of 3.7 million shares. The $230 strike call option expiring January 21, 2028, saw particularly high interest, with 3,270 contracts traded, representing around 327,000 underlying shares.

OUTFRONT Media Inc. (OUT) reported a volume of 7,804 contracts, equivalent to about 780,400 underlying shares, making up 70.4% of its average daily volume of 1.1 million shares. The $26 strike call option expiring March 20, 2026, was particularly active, with 6,845 contracts traded, translating to approximately 684,500 underlying shares.

Dell Technologies Inc. (DELL) experienced an options trading volume of 40,460 contracts, representing 4.0 million underlying shares, or 65.9% of its average daily volume of 6.1 million shares. The $126 strike call option expiring January 30, 2026, drew significant trading as well, with 3,188 contracts exchanged, representing about 318,800 underlying shares.

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