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Monday’s Noteworthy Options Buzz on Wall Street

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Advanced Drainage Systems Inc (WMS) Option Activity Buzz

Today, in the tumultuous arena that is Wall Street, advanced drainage systems are experiencing quite a stir. The high-flying Symbol: WMS has captivated investors with the trading of a remarkable 2,181 contracts, shaking the 218,100 underlying shares like a raging storm. This frenzy represents a significant 43.1% of WMS’s average daily trading volume over the past month – a staggering force to be reckoned with. Notably, the $155 strike call option expiring on October 18, 2024, has emerged as the standout, with 1,001 contracts traversing the market so far, embodying the influence of approximately 100,100 underlying shares of WMS. The charts depict WMS’s path over the last twelve months, with the impactful $155 strike gleaming in vibrant orange hues like a rising phoenix:

Loading chart — 2024 TickerTech.com

Zillow Group Inc (Z) Option Activity Surge

Meanwhile, in the pulsating heart of trading floors, Zillow Group Inc has entered the fray with an impressive showing of 14,500 contracts exchanging hands. This staggering number represents an underlying force of 1.4 million shares, accounting for a substantial 42% of Z’s average daily trading volume over the past month. A closer look reveals a momentous surge at the $85 strike call option expiring on January 17, 2025, with 5,222 contracts fueling the frenzy today, symbolizing approximately 522,200 underlying shares of Z. As the charts vividly illustrate Z’s journey over the past year, the $85 strike stands out like a beacon, shining through the murky waters of uncertainty:

Loading chart — 2024 TickerTech.com

Lamb Weston Holdings Inc (LW) Option Activity Resonance

Amidst the chaos and excitement, Lamb Weston Holdings Inc has not been left behind, making waves with 9,240 contracts in play as of now. This tumultuous figure corresponds to a powerful 924,000 underlying shares, representing a robust 41.1% of LW’s average daily trading volume over the past month. Noteworthy commotion surrounds the $65 strike call option expiring on December 20, 2024, with 1,841 contracts commanding the scene today, embodying nearly 184,100 underlying shares of LW. The charts dance depicting LW’s journey over the past year, with the $65 strike shining bright, like a guiding star amidst the turbulent seas:

Loading chart — 2024 TickerTech.com

For the brave investors who are daring enough to navigate the tempestuous waters of options trading for WMS, Z, or LW, venture forth to StockOptionsChannel.com, where the treasure trove of available expirations awaits.

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

Further Exploration:

• Revelations on Stocks Insiders And Hedge Funds Are Buying
• Discover Top Ten Hedge Funds Holding TDA
• Dissecting MOH DMA

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

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