“Midweek Market Highlights: Analyzing Options Activity in JOBY, APGE, and M”

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Increased Options Trading Activity Noted for Major Companies

Options trading activity within the Russell 3000 index is notable today, especially for Joby Aviation Inc (Symbol: JOBY). A total of 118,362 contracts have been traded, representing approximately 11.8 million underlying shares. This volume is 103.4% of JOBY’s average daily trading volume of 11.5 million shares over the past month. The $9 strike call option expiring on May 30, 2025, saw significant interest, with 15,210 contracts traded, equating to about 1.5 million underlying shares.

Joby Aviation Trading Chart

Similarly, Apogee Therapeutics Inc (Symbol: APGE) is experiencing a surge in options trading, with 5,626 contracts exchanged, which corresponds to approximately 562,600 underlying shares. This is about 99.1% of APGE’s average daily trading volume of 567,740 shares over the past month. The $40 strike call option expiring on June 20, 2025, has garnered attention with 2,000 contracts traded, representing around 200,000 underlying shares.

Apogee Therapeutics Trading Chart

Macy’s Inc (Symbol: M) has seen options trading volume reach 54,266 contracts, representing about 5.4 million underlying shares. This is 90.7% of M’s average daily trading volume of 6 million shares over the past month. The $11 strike put option expiring on May 30, 2025, is particularly active, with 5,993 contracts trading, accounting for approximately 599,300 underlying shares.

Macy's Trading Chart

For additional options expirations related to JOBY, APGE, or M, visit StockOptionsChannel.com.

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

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

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