High Options Trading Volume Observed in Churchill Downs and Other Firms

Today, among the Russell 3000 index components, notable options trading volume was recorded for Churchill Downs, Inc. (Symbol: CHDN). So far, a total of 2,833 contracts have changed hands, representing approximately 283,300 underlying shares. This volume constitutes about 41.3% of CHDN’s average daily trading volume of 685,140 shares over the past month. A significant portion of this activity focused on the $100 strike put option expiring April 17, 2025, with 1,400 contracts trading today, accounting for around 140,000 shares of CHDN. Below is a chart depicting CHDN’s trailing twelve-month trading history, where the $100 strike is highlighted in orange:

In addition to Churchill Downs, the Charles Schwab Corporation (Symbol: SCHW) showed an impressive options volume of 43,215 contracts today. This volume translates to approximately 4.3 million underlying shares, indicating a considerable 40.2% of SCHW’s average daily trading volume of 10.8 million shares over the past month. The $72.50 strike call option expiring January 15, 2027, attracted particularly high interest, with 9,821 contracts trading today—representing about 982,100 underlying shares. Below is a chart illustrating SCHW’s trading history over the last twelve months, with the $72.50 strike highlighted:

Lemonade Inc (Symbol: LMND) also experienced notable options trading volume today, with 7,129 contracts traded, which translates to roughly 712,900 underlying shares, or about 40.2% of LMND’s average daily trading volume of 1.8 million shares in the past month. A substantial number of contracts, specifically 880, traded for the $31.50 strike call option expiring April 11, 2025. This represents approximately 88,000 underlying shares of LMND. Below is a chart showing LMND’s leading twelve-month trading history, with the $31.50 strike highlighted:

For further details on the various expiration options available for CHDN, SCHW, or LMND, please visit StockOptionsChannel.com.

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

also see:

• Funds Holding FLBR
• ASTS Options Chain
• SBUX MACD

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