Peabody, Marvell, and VF Corp. See Strong Options Trading Activity

Significant options trading volume was observed today in several key stocks of the Russell 3000 index, highlighting investor interest in Peabody Energy Corp, Marvell Technology Inc, and VF Corp.

Peabody Energy Corp: A Surge in Options Activity

Peabody Energy Corp (Symbol: BTU) experienced a notable trading volume with 10,534 contracts exchanged, which represents around 1.1 million underlying shares. This figure accounts for approximately 48.9% of BTU’s average daily trading volume of 2.2 million shares over the past month. The $19 strike put option, set to expire on April 17, 2025, saw particularly high interest, with 4,328 contracts trading today—equating to about 432,800 shares. The following chart illustrates BTU’s trading history, with the highlighted $19 strike option shown in orange:

Marvell Technology: Strong Volume Signals Market Interest

In a similar vein, Marvell Technology Inc (Symbol: MRVL) saw options trading volume reach 51,675 contracts, representing about 5.2 million underlying shares. This amounts to approximately 47.9% of MRVL’s average daily trading volume of 10.8 million shares over the past month. The $60 strike put option expiring on November 1, 2024, attracted considerable attention, with 15,250 contracts exchanged today—approximately 1.5 million underlying shares. Below is the chart depicting MRVL’s trading history with the significant $60 strike option highlighted:

VF Corp: Active Options Trading Continues

VF Corp. (Symbol: VFC) reported an options trading volume of 28,850 contracts today. This volume translates to around 2.9 million underlying shares, representing about 47.2% of VFC’s average daily trading volume of 6.1 million shares in the past month. The $16.50 strike put option, which expires on November 1, 2024, was particularly active, with 9,710 contracts traded today—approximately 971,000 underlying shares. The chart below demonstrates VFC’s trading history with the highlighted $16.50 strike option:

For additional details on available options expirations for BTU, MRVL, or VFC, visit StockOptionsChannel.com.

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

Also see:

• Energy Stocks Hedge Funds Are Buying
• FMN Videos
• FJP Options Chain

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