Surge in Options Trading: Abercrombie & Fitch, Newmont, and Expand Energy Stand Out
Today, the Russell 3000 index experienced a notable rise in options trading, particularly with Abercrombie & Fitch Co (Symbol: ANF), Newmont Corp (Symbol: NEM), and Expand Energy Corp (Symbol: EXE).
Abercrombie & Fitch Options See Strong Activity
For Abercrombie & Fitch Co, options trading reached 7,919 contracts, translating to approximately 791,900 underlying shares. This figure represents about 54.5% of ANF’s average daily trading volume of 1.5 million shares over the last month. The $145 strike call option expiring on November 15, 2024, led the trading with 1,390 contracts changing hands, encompassing around 139,000 shares. Below is the chart illustrating ANF’s trading history for the last twelve months, highlighting the $145 strike in orange:
Newmont Corp Options Experience Significant Volume
Newmont Corp recorded a staggering 65,106 contracts in options trading today, representing about 6.5 million underlying shares. This activity constitutes 53.3% of NEM’s average daily volume of 12.2 million shares for the previous month. The standout was the $47.50 strike call option expiring on January 17, 2025, with 4,829 contracts traded, accounting for approximately 482,900 underlying shares. The chart below captures NEM’s trading performance over the past twelve months, with the $47.50 strike marked in orange:
Expand Energy Corp Sees Plateaus in Options Trading
Expand Energy Corp experienced options trading volume of 12,801 contracts, approximating 1.3 million underlying shares. This accounted for 52.8% of EXE’s average daily volume of 2.4 million shares over the month. The $75 strike put option, set to expire on November 15, 2024, stood out with 3,050 contracts traded, representing about 305,000 underlying shares. Below is the chart demonstrating EXE’s trading history over the past year, with the $75 strike highlighted in orange:
For more information on available option expirations for ANF, NEM, or EXE, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Institutional Holders of TRNR
- GL Stock Predictions
- EDR Dividend History
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
