Unprecedented Wednesday Options Activity: Stocks AIV, HZO, GEO Surging

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Unleashing Uncommon Options Trading Volumes

Feeling the pulse of the market, today we witnessed a whirlwind of uncommon activity in the options realm. Apartment Investment & Management Co (AIV) stood at the forefront, with a staggering 6,371 contracts exchanged, representing a remarkable 637,100 underlying shares. This figure has sent shockwaves through AIV, amounting to an eye-popping 51.8% of its average daily trading volume over the past month.

Zooming into Apartment Investment & Management Co

The $10 strike call option expiring on September 20, 2024, stole the spotlight with a whopping 6,212 contracts traded today, equivalent to approximately 621,200 underlying shares of AIV. In a spirited display of market activity, investors are making bold moves, painting the trading floors in shades of vibrant orange.

Peering Into MarineMax Inc

Meanwhile, in a parallel universe of trading, MarineMax Inc (HZO) left its mark with 1,252 contracts traded today, reflecting around 125,200 underlying shares or approximately 51.1% of its average daily trading volume over the past month. The $30 strike put option expiring on April 19, 2024, emerged as a star player with 1,121 contracts traded, representing roughly 112,100 underlying shares of HZO.

Immense Momentum in GEO Group Inc

Switching gears, GEO Group Inc (GEO) took the trading arena by storm, clocking in at 11,656 contracts traded thus far today. This substantial volume translates to roughly 1.2 million underlying shares – a staggering 49.3% of GEO’s average daily trading volume over the past month. All eyes are on the $14.50 strike call option expiring on March 28, 2024, as it attracted a noteworthy 2,124 contracts today, symbolizing approximately 212,400 underlying shares of GEO.

Insights Beyond the Numbers

As the markets continue to ebb and flow, the surge in options trading across AIV, HZO, and GEO has undoubtedly created a buzz among traders and investors alike. These remarkable volumes are indicative of an industry in a state of flux, where rapid adaptations and bold strategies are the order of the day. For a deeper dive into the diverse range of available expirations for these stocks, the treasure trove can be found at StockOptionsChannel.com.

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

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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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