Surge in Options Trading: Starbucks, Mativ, and LendingClub See High Volume Activity

Today’s options trading highlights significant activity in three major companies: Starbucks Corp. (SBUX), Mativ Inc. (MATV), and LendingClub Corp. (LC).

Starbucks Options Experience Unprecedented Volume

Starbucks Corp. (Symbol: SBUX) has recorded impressive options trading today, with a total volume of 369,866 contracts. This volume equates to approximately 37.0 million underlying shares since each contract represents 100 shares. Notably, this figure represents 490.1% of SBUX’s average daily trading volume over the past month, which stands at 7.5 million shares. A significant portion of today’s activity involved the $112 strike call option that expires on January 31, 2025, with 32,021 contracts traded, representing around 3.2 million underlying shares. Below is a chart reflecting SBUX’s trading history over the past twelve months, spotlighting the $112 strike option in orange:

Mativ Inc. Sees High Options Activity

Mativ Inc. (Symbol: MATV) is also experiencing notable options volume today, with 18,546 contracts traded, representing approximately 1.9 million underlying shares. This figure corresponds to 437.8% of MATV’s average daily volume from the past month, recorded at 423,665 shares. The $10 strike call option expiring on June 20, 2025, has attracted particular interest, with 9,296 contracts traded today, equating to around 929,600 underlying shares. Below is a chart displaying MATV’s 12-month trading history, emphasizing the $10 strike option:

LendingClub Corp. Reports Strong Trading Volume

LendingClub Corp. (Symbol: LC) has seen strong trading activity as well, with 25,393 contracts traded today. This volume translates to approximately 2.5 million underlying shares, which is 163.8% of LC’s average daily trading volume of 1.5 million shares over the past month. The $17 strike call option expiring on May 16, 2025, has particularly garnered attention with 6,143 contracts traded, representing about 614,300 underlying shares. Below is a chart illustrating LC’s trading history over the last twelve months, with the $17 strike highlighted:

For additional details regarding the different expiration dates for options on SBUX, MATV, or LC, please visit StockOptionsChannel.com.

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

Also see:

• Business Development Company List
• HSTM market cap history
• Funds Holding RIF

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