Friday Options Review: ORA, CAL, DBX Buzzing with Activity Friday Options Review: ORA, CAL, DBX Buzzing with Activity

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Today’s market has been anything but sluggish, especially for traders eyeing the components of the Russell 3000 index. Notable activity stands out, with Ormat Technologies Inc (Symbol: ORA) taking the spotlight as a total of 4,031 contracts have exchanged hands, equivalent to around 403,100 underlying shares. This represents a staggering 92.6% of ORA’s average daily trading volume over the past month, truly a remarkable surge. The focal point? The $80 strike call option expiring March 15, 2024, which boasts an impressive 2,987 contracts traded so far today, representing approximately 298,700 underlying shares of ORA.

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Caleres Inc (Symbol: CAL) also emerges as a significant player in today’s options trading arena with 3,005 contracts, denoting about 300,500 underlying shares or approximately 89.7% of CAL’s average daily trading volume over the past month. Of particular note is the $27.50 strike call option expiring February 16, 2024, witnessing a remarkable volume of 600 contracts traded so far today, representing approximately 60,000 underlying shares of CAL.

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As if that weren’t enough, Dropbox Inc (Symbol: DBX) was no slouch either, with options trading volume surging to 26,142 contracts, representing approximately 2.6 million underlying shares or approximately 89.7% of DBX’s average daily trading volume over the past month. Notably, the $30 strike put option expiring February 16, 2024, garnered significant attention with 3,378 contracts traded today, corresponding to around 337,800 underlying shares of DBX.

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For those eager to explore the plethora of expiration options available for ORA, CAL, and DBX, a visit to StockOptionsChannel.com is highly recommended. The market is abuzz with potential, and these options are certainly proving to be a playground for traders looking to seize opportunities.

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

Also see:

  • Top Ten Hedge Funds Holding BBEU
  • NEWL Split History
  • SHW market cap history

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

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