Significant Options Activity in e.l.f. Beauty, Avis, and DoorDash
Today, the Russell 3000 index has experienced noticeable options trading volume, particularly with e.l.f. Beauty Inc (Symbol: ELF). So far, a total of 15,595 contracts have traded, equating to about 1.6 million underlying shares. This figure represents approximately 56.4% of ELF’s average daily trading volume over the last month, which stands at 2.8 million shares. A significant portion of the trading activity includes the $60 strike call option expiring on June 20, 2025, with 4,145 contracts exchanged, corresponding to roughly 414,500 underlying shares of ELF. The chart below illustrates ELF’s trailing twelve-month trading history, highlighting the $60 strike in orange:
Avis Budget Group Sees Increased Options Volume
In a similar vein, Avis Budget Group Inc (Symbol: CAR) options have recorded a volume of 10,018 contracts today. This number translates to about 1.0 million underlying shares, amounting to 55.4% of CAR’s average daily trading volume, which is 1.8 million shares. Noteworthy activity was observed in the $110 strike call option expiring on August 15, 2025, with 1,800 contracts traded, representing approximately 180,000 shares of CAR. Below is a chart reflecting CAR’s trading history over the last twelve months, with the $110 strike option highlighted in orange:
DoorDash Options Volume Hits Major Levels
Additionally, options for DoorDash Inc (Symbol: DASH) have reached a trading volume of 22,626 contracts today. This volume signifies about 2.3 million underlying shares, which constitutes 55% of DASH’s average daily trading volume over the month, recorded at 4.1 million shares. A significant amount of activity has centered around the $230 strike call option expiring on May 09, 2025, with 2,268 contracts traded, translating to approximately 226,800 underlying shares of DASH. The following chart depicts DASH’s trailing twelve-month trading trend, with the $230 strike highlighted in orange:
For information on various expirations for ELF, CAR, or DASH options, visit StockOptionsChannel.com.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
