Significant Options Activity Observed in QuidelOrtho, IBM, and Blackrock

Today, options trading picked up among key players in the Russell 3000 index, spotlighting QuidelOrtho Corp, International Business Machines Corp, and Blackrock Inc.

QuidelOrtho Corp in Focus

QuidelOrtho Corp (Symbol: QDEL) experienced notable options trading volume today, with 3,882 contracts changing hands, equivalent to about 388,200 underlying shares. This figure represents roughly 55.6% of QDEL’s average daily trading volume of 697,650 shares over the past month. A peak in activity was noted for the $32.50 strike put option, set to expire on March 21, 2025, with 1,480 contracts traded, accounting for approximately 148,000 underlying shares of QDEL. The chart below shows QDEL’s trading history from the past twelve months, with the $32.50 strike clearly marked in orange.

IBM’s Options Trading Insights

International Business Machines Corp (Symbol: IBM) saw a robust options trading volume of 23,214 contracts, representing around 2.3 million underlying shares. This is about 49.7% of IBM’s average daily trading volume of 4.7 million shares over the last month. A significant spike was noted for the $200 strike put option, expiring January 17, 2025, which saw 3,038 contracts traded, encompassing approximately 303,800 underlying shares of IBM. The accompanying chart displays IBM’s trailing twelve months of trading activity, emphasizing the $200 strike in orange.

Blackrock’s Trading Movements

Blackrock Inc (Symbol: BLK) reported options trading volume of 2,772 contracts, equating to approximately 277,200 underlying shares. This represents about 49.1% of BLK’s average daily trading volume of 564,575 shares for the past month. A noteworthy volume was recorded for the $960 strike call option set to expire on December 20, 2024, with 772 contracts traded, representing approximately 77,200 underlying shares of BLK. Below is the chart depicting BLK’s trading history over the past twelve months, highlighting the $960 strike option in orange.

For a comprehensive look at available option expirations for QDEL, IBM, or BLK, visit StockOptionsChannel.com.

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Further Recommendations:

• Technical Analysis Channel
• Crown Castle DMA
• AVNT Options Chain

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