Key Friday Options Highlights: LUV, CRM, FTNT

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In notable trading activity today, Southwest Airlines Co (LUV) saw a volume of 35,020 contracts, equating to approximately 3.5 million underlying shares, or 45.5% of its average daily trading volume of 7.7 million shares over the past month. Particularly high volume was recorded for the $50 strike call option expiring on April 24, 2026, which had 6,394 contracts traded, representing about 639,400 underlying shares.

Salesforce Inc (CRM) experienced options trading volume of 61,385 contracts, representing about 6.1 million underlying shares or 45.2% of its average daily trading volume of 13.6 million shares. The $185 strike call option expiring on April 17, 2026, recorded 5,234 contracts traded, representing approximately 523,400 underlying shares.

Fortinet Inc (FTNT) also attracted significant trading attention with 29,494 contracts traded today, or roughly 2.9 million underlying shares, amounting to 44.7% of its average daily trading volume of 6.6 million shares. The $76 strike put option expiring on April 24, 2026, saw 7,224 contracts exchanged, representing about 722,400 underlying shares.

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