Trading Frenzy: Options Volume Surge in Key Russell 3000 Stocks

SkyWest Inc.’s Striking Call Options Take Center Stage

Activity in options trading drew significant attention today as SkyWest Inc. (Symbol: SKYW) reported a total of 1,611 contracts traded. This volume suggests interest in around 161,100 underlying shares, as each contract corresponds to 100 shares. Notably, this figure represents 48.9% of SKYW’s average daily trading volume of 329,750 shares over the past month. The most prominent trading involved the $145 strike call option with an expiration date of February 21, 2025, where 183 contracts were exchanged, equating to approximately 18,300 underlying shares of SKYW. Below is a chart showcasing SKYW’s trading history over the past twelve months, highlighting the $145 strike in orange:

Twilio Inc. Sees Notable Options Activity

Twilio Inc. (Symbol: TWLO) is also experiencing considerable options trading, with 17,668 contracts exchanged today. This translates to about 1.8 million underlying shares and constitutes a striking 48.2% of TWLO’s average daily trading volume of 3.7 million shares over the last month. The $150 strike call option, set to expire on January 31, 2025, garnered high levels of interest, with 2,637 contracts traded, representing approximately 263,700 underlying shares. The following chart illustrates TWLO’s twelve-month trading history, with the $150 strike highlighted:

Estee Lauder Cos., Inc. Witnesses Significant Call Option Volumes

Estee Lauder Cos., Inc. (Symbol: EL) has recorded a trading volume of 14,791 contracts today, indicating interest in approximately 1.5 million underlying shares. This volume accounts for 46.8% of EL’s average daily trading volume of 3.2 million shares. Noteworthy activity was observed in the $98 strike call option, expiring on February 07, 2025, where 3,046 contracts were traded, corresponding to roughly 304,600 underlying shares of EL. Below is a chart depicting EL’s trading history for the past twelve months, with the $98 strike highlighted in orange:

For details on other available expirations for SKYW, TWLO, or EL options, visit StockOptionsChannel.com.

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

Further Reading:

• John Paulson Stock Picks
• MYC Shares Outstanding History
• GOOD Historical Stock Prices

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