Key Wednesday Options Insights: NVAX, BLK, MP

Avatar photo

“`html

Novavax, Inc. (NVAX) experienced significant trading activity on October 20, 2023, with a total of 22,231 options contracts traded, representing approximately 2.2 million underlying shares. This volume accounts for 53.9% of NVAX’s average daily trading volume of 4.1 million shares. Notably, 12,245 contracts of the $7 strike call option, expiring November 21, 2025, were traded, equivalent to about 1.2 million underlying shares.

Blackrock Inc (BLK) saw a trading volume of 3,139 options contracts today, translating to around 313,900 underlying shares, or 52.1% of its average daily volume of 602,950 shares. The $920 strike put option, expiring February 20, 2026, had a particularly high volume of 604 contracts, representing approximately 60,400 underlying shares.

MP Materials Corp (MP) recorded an options trading volume of 68,010 contracts today, corresponding to approximately 6.8 million underlying shares and 50.7% of its average daily volume of 13.4 million shares. The $65 strike call option, expiring November 21, 2025, saw 5,425 contracts traded, equating to about 542,500 underlying shares.

“`

The free Daily Market Overview 250k traders and investors are reading

Read Now