Home Market News Unusual Option Movement: CART, H, AMRK

Unusual Option Movement: CART, H, AMRK

0
Unusual Option Movement: CART, H, AMRK

Noteworthy Monday Activity

Observing the constituent parts of the Russell 3000 index today, a surge in options trading activity was evident in Maplebear Inc (CART). A total of 29,617 contracts traded, equating to around 3.0 million underlying shares, marking an impressive 51.3% of the stock’s average daily trading volume over the past month. Notably, the $37 strike call option expiring July 19, 2024, showed remarkable activity with 13,898 contracts swapping hands, representing about 1.4 million underlying shares of CART.

Hyatt Hotels Corp (H) also experienced a surge in options trading, with 4,319 contracts changing hands today, representing roughly 431,900 underlying shares. This volume accounted for a substantial 48.3% of H’s average daily trading volume over the last month. The $120 strike put option expiring April 19, 2024, saw high activity, with 3,751 contracts traded, representing approximately 375,100 underlying shares of H.

Furthermore, A-Mark Precious Metals, Inc (AMRK) witnessed options trading volume of 1,212 contracts, amounting to around 121,200 underlying shares, or about 45.7% of AMRK’s average daily trading volume over the past month. Noteworthy activity was seen in the $25 strike put option expiring September 20, 2024, with 1,025 contracts traded, symbolizing approximately 102,500 underlying shares of AMRK.

Chart Analysis

Each stock’s trailing twelve-month trading history can be viewed in the charts below, with the specific highlighted strike prices indicated:

Maplebear Inc (CART)

Loading chart — 2024 TickerTech.com

Hyatt Hotels Corp (H)

Loading chart — 2024 TickerTech.com

A-Mark Precious Metals, Inc (AMRK)

Loading chart — 2024 TickerTech.com

Exploring Options Further

For additional information on the various expiration dates for options on CART, H, and AMRK, interested parties can head to StockOptionsChannel.com.

Make sure to stay updated on the most active call and put options in the S&P 500 today by visiting the corresponding section on the website.

Further Reading:

• Dive into ESM’s shares outstanding history
• Get insights on Institutional Holders of SSY
• Learn about CGNT’s Split History

The views expressed are those of the author and not necessarily endorsed by Nasdaq, Inc.