HomeMarket NewsKey Friday Options Highlights: TPL, WOLF, OMER Analysis

Key Friday Options Highlights: TPL, WOLF, OMER Analysis

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High Options Trading Activity in Texas Pacific, Wolfspeed, and Omeros

Today’s options trading data shows significant activity for several companies in the Russell 3000 index, particularly Texas Pacific Land Corp, Wolfspeed Inc, and Omeros Corp. Traders are showing heightened interest in specific strike options, indicating market sentiment.

Texas Pacific Land Corp (TPL) Sees Robust Trading Volume

Texas Pacific Land Corp (Symbol: TPL) is experiencing notable options trading activity today, with a total of 516 contracts exchanged, which equates to about 51,600 underlying shares. This figure is approximately 47.9% of TPL’s average daily trading volume for the past month, which stands at 107,640 shares. A substantial portion of this volume is attributed to the $1900 strike call option set to expire on December 20, 2024, where 112 contracts have traded, representing around 11,200 underlying shares. Below is a chart illustrating TPL’s trading history over the past twelve months, highlighting the $1900 strike in orange:

Loading chart — 2024 TickerTech.com

Wolfspeed Inc (WOLF) Sees High Options Volume

Wolfspeed Inc (Symbol: WOLF) has recorded an impressive 59,896 contracts traded so far today, translating to approximately 6.0 million underlying shares. This trading volume represents 47.2% of WOLF’s average daily trading volume over the last month, calculated at 12.7 million shares. The $8 strike call option, expiring November 29, 2024, has witnessed particularly high activity, with 5,696 contracts changing hands and representing about 569,600 underlying shares. A chart detailing WOLF’s trading history for the past year is shown below, with the $8 strike highlighted in orange:

Loading chart — 2024 TickerTech.com

Omeros Corp (OMER) Sees Significant Trading

Omeros Corp (Symbol: OMER) has also seen considerable options trading with 5,589 contracts exchanged today, which represents roughly 558,900 underlying shares. This activity accounts for approximately 46.1% of OMER’s average daily trading volume, which is 1.2 million shares. The $9 strike call option expiring December 20, 2024, has been particularly active, with 2,793 contracts traded — totaling about 279,300 underlying shares. Below is a chart showing OMER’s trading history over the last twelve months, with the $9 strike indicated in orange:

Loading chart — 2024 TickerTech.com

Explore More Options Data

If you wish to see additional expiration dates for TPL, WOLF, or OMER options, visit StockOptionsChannel.com.

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

Also see:
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  • AHC YTD Return

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

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