Analyzing Today’s High Options Trading in Major Companies
Unusual Activity Peaks for DoorDash, Applovin, and The Trade Desk
In today’s trading session, DoorDash Inc (Symbol: DASH) is witnessing significant options trading activity. So far, 80,573 contracts have been exchanged, which translates to about 8.1 million underlying shares. This volume represents an impressive 234.9% of DASH’s average daily trading volume of 3.4 million shares over the past month. The most noteworthy transactions relate to the $150 strike call option, which expires on March 21, 2025; traders have executed 38,027 contracts for this option, equating to approximately 3.8 million underlying shares of DASH. Below is a chart that illustrates DASH’s trailing twelve-month trading history, with the $150 strike area highlighted in orange:
Options trading in Applovin Corp (Symbol: APP) also shows notable activity, with a total of 82,259 contracts traded today. This figure corresponds to around 8.2 million underlying shares, marking 221.4% of APP’s average daily trading volume of 3.7 million shares for the past month. The $255 strike call option, set to expire on November 08, 2024, is capturing investor interest, with 7,633 contracts traded today, or roughly 763,300 underlying shares of APP. The chart below displays APP’s trading history over the last twelve months, with the $255 strike highlighted in orange:
Finally, The Trade Desk Inc (Symbol: TTD) reports options trading volume of 49,108 contracts today, equating to about 4.9 million underlying shares, or 190.7% of TTD’s average daily trading volume of 2.6 million shares. The $147 strike call option, expiring on November 08, 2024, has seen a significant number of transactions, with 1,962 contracts traded today, adding up to around 196,200 underlying shares of TTD. The chart below showcases TTD’s trading activity over the past twelve months, with the $147 strike option indicated in orange:
For information on various option expirations for DASH, APP, or TTD, please visit StockOptionsChannel.com.
Check Out Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- RNVA Split History
- ACHR Shares Outstanding History
- HES Average Annual Return
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.