Surge in Options Trading for Russell 3000 Stocks
Par Technology, Riot Platforms, and CNX Resources See Significant Activity
Options trading is witnessing a surge among stocks in the Russell 3000 index today. One standout is Par Technology Corp. (Symbol: PAR), which has seen a total volume of 10,710 contracts traded today. This volume translates to about 1.1 million shares, given that each option contract represents 100 underlying shares. This number reflects an impressive 243.6% of PAR’s average daily trading volume of 439,735 shares over the past month.
The $22.50 strike call option expiring on January 17, 2025, has attracted substantial interest, with 9,000 contracts changing hands, representing roughly 900,000 underlying shares. Below is a chart showing PAR’s trading history over the past twelve months, with the $22.50 strike highlighted in orange:
Riot Platforms Inc (Symbol: RIOT) is experiencing a remarkable 457,148 contracts traded, equivalent to approximately 45.7 million underlying shares. This figure represents about 180.2% of RIOT’s average daily trading volume of 25.4 million shares for the past month. A particularly high volume was noted for the $15 strike call option expiring on March 21, 2025, with 50,904 contracts traded today, amounting to around 5.1 million underlying shares. Below is a chart detailing RIOT’s trading history, featuring the $15 strike highlighted in orange:
Meanwhile, CNX Resources Corp (Symbol: CNX) has seen 41,797 contracts traded today, encompassing around 4.2 million underlying shares. This is about 155.4% of CNX’s average daily trading volume of 2.7 million shares over the past month. Notably, high activity was recorded for the $35 strike put option expiring on January 17, 2025, with 20,029 contracts traded, representing approximately 2.0 million underlying shares. Below is a chart of CNX’s trading history, featuring the $35 strike highlighted in orange:
For additional information on the various expirations available for PAR, RIOT, and CNX options, visit StockOptionsChannel.com.
Check Out Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Funds Holding LLEM
- MOV Next Dividend Date
- Top Ten Hedge Funds Holding TIPT
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
