HomeMarket NewsKey Tuesday Options Trading Highlights: PRAX, SNOW, HOOD

Key Tuesday Options Trading Highlights: PRAX, SNOW, HOOD

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Options Trading Activity Highlights: Praxis, Snowflake, and Robinhood Surge

Today, significant options trading activity is taking place within the Russell 3000 index, with key movements in shares of Praxis Precision Medicines Inc, Snowflake Inc., and Robinhood Markets Inc.

Praxis Precision Medicines Inc (Symbol: PRAX) Leads Activity

Praxis Precision Medicines Inc (Symbol: PRAX) is experiencing notable interest in options trading, with a total of 4,761 contracts traded today. This volume indicates approximately 476,100 underlying shares, representing 122.6% of PRAX’s average daily trading volume of 388,390 shares over the past month. A highlight from today’s trading is the $55 strike put option set to expire on February 21, 2025, with 3,123 contracts exchanged, equating to around 312,300 underlying shares. The chart below illustrates PRAX’s trading history over the past twelve months, with the $55 strike option highlighted in orange:

Loading+chart+—+2025+TickerTech.com

Snowflake Inc (Symbol: SNOW) Follows Suit

Options trading for Snowflake Inc (Symbol: SNOW) shows robust activity today, with 54,827 contracts traded. This volume corresponds to about 5.5 million underlying shares, translating to 119% of SNOW’s average daily trading volume, which stands at 4.6 million shares for the past month. Notably, the $175 strike call option, expiring on January 17, 2025, has witnessed significant interest, with 5,818 contracts traded—accounting for approximately 581,800 underlying shares. The chart below charts SNOW’s trading history for the last twelve months, with the $175 strike option marked in orange:

Loading+chart+—+2025+TickerTech.com

Robinhood Markets Inc (Symbol: HOOD) Sees High Volume

Robinhood Markets Inc (Symbol: HOOD) has recorded impressive options trading activity, with 188,826 contracts traded so far today, representing approximately 18.9 million underlying shares. This marks 94.7% of HOOD’s average daily trading volume of 19.9 million shares from the previous month. The $44 strike call option set to expire on January 17, 2025, leads the day with 14,560 contracts traded, which translates to around 1.5 million underlying shares. Below is the chart that captures HOOD’s trading history over the past twelve months, with the $44 strike highlighted in orange:

Loading+chart+—+2025+TickerTech.com

For details on various available expiration options for PRAX, SNOW, or HOOD, visit StockOptionsChannel.com.

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

Additional Information:
  • Institutional Holders of RGC
  • Institutional Holders of SBEA
  • PHIN shares outstanding history

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

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