HomeMarket NewsNotable Wednesday Option Activity: PTEN, NTNX, GOOGL

Notable Wednesday Option Activity: PTEN, NTNX, GOOGL

Actionable Trade Ideas

always free

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Patterson-UTI Energy Inc. (Symbol: PTEN), where a total of 30,076 contracts have traded so far, representing approximately 3.0 million underlying shares. That amounts to about 48.9% of PTEN’s average daily trading volume over the past month of 6.1 million shares. Especially high volume was seen for the $10 strike put option expiring July 19, 2024, with 30,050 contracts trading so far today, representing approximately 3.0 million underlying shares of PTEN. Below is a chart showing PTEN’s trailing twelve month trading history, with the $10 strike highlighted in orange:

Loading+chart+β€”+2024+TickerTech.com

Nutanix Inc (Symbol: NTNX) options are showing a volume of 8,407 contracts thus far today. That number of contracts represents approximately 840,700 underlying shares, working out to a sizeable 44.2% of NTNX’s average daily trading volume over the past month, of 1.9 million shares.
Particularly high volume was seen for the $80 strike call option expiring June 21, 2024, with 2,157 contracts trading so far today, representing approximately 215,700 underlying shares of NTNX. Below is a chart showing NTNX’s trailing twelve month trading history, with the $80 strike highlighted in orange:

Loading+chart+β€”+2024+TickerTech.com

And Alphabet Inc (Symbol: GOOGL) options are showing a volume of 101,703 contracts thus far today. That number of contracts represents approximately 10.2 million underlying shares, working out to a sizeable 41.3% of GOOGL’s average daily trading volume over the past month, of 24.6 million shares.
Especially high volume was seen for the $180 strike call option expiring May 31, 2024, with 36,926 contracts trading so far today, representing approximately 3.7 million underlying shares of GOOGL. Below is a chart showing GOOGL’s trailing twelve month trading history, with the $180 strike highlighted in orange:

Loading+chart+β€”+2024+TickerTech.com

For the various different available expirations for PTEN options, NTNX options, or GOOGL options, visit StockOptionsChannel.com.

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

Also see:

Β• Latest 13F Filings
Β• ORCL Dividend History
Β• SPKE Historical Stock Prices

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

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.