High Options Trading Spotted in Avis Budget, Pinterest, and Nkarta

Investors are keeping a close eye on options trading activity from several key companies within the Russell 3000 index, including Avis Budget Group Inc, Pinterest Inc, and Nkarta Inc. The involvement in options trading today has been notable, with significant volumes being recorded.

Avis Budget Group’s Options Surge

For Avis Budget Group Inc (Symbol: CAR), the options market has seen substantial trading activity today. A total of 2,783 contracts have changed hands, which translates to around 278,300 underlying shares. This accounts for about 49.2% of CAR’s average daily trading volume over the last month, which was 565,375 shares. The $103 strike call option expiring December 27, 2024, has attracted particular interest, with 1,023 contracts traded today, representing approximately 102,300 shares of CAR. The chart below displays CAR’s trading history over the past twelve months, with the $103 strike clearly marked in orange:

Pinterest’s Volatile Activity

Pinterest Inc (Symbol: PINS) has also seen a significant number of options trades today, with a total of 50,688 contracts traded. This figure represents approximately 5.1 million underlying shares, equating to about 48.6% of PINS’s average daily trading volume of 10.4 million shares over the past month. Notably, the $34 strike call option expiring January 10, 2025, stood out, with 15,254 contracts traded today, accounting for around 1.5 million shares of PINS. Below is the chart illustrating PINS’s trading history for the last twelve months, with the $34 strike highlighted in orange:

Nkarta’s Active Option Transactions

Nakarta Inc (Symbol: NKTX) is witnessing a healthy volume in options trading, with 10,120 contracts traded today. This volume corresponds to about 1.0 million underlying shares, or 48.4% of NKTX’s average daily trading volume of 2.1 million shares in the past month. Specific attention was drawn to the $2.50 strike put option, expiring January 17, 2025, which saw 9,999 contracts traded today, representing approximately 999,900 shares of NKTX. The following chart illustrates NKTX’s trading activity over the past twelve months, showcasing the $2.50 strike in orange:

Explore More Options Data

For further information on various expirations available for CAR, PINS, or NKTX options, visit StockOptionsChannel.com.

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

Additional Resources:

• Funds Holding CSC
• ETFs Holding VMI
• SCHL Past Earnings

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