Today witnessed notable options trading activities in Avidity Biosciences Inc (RNA), iRhythm Technologies Inc (IRTC), and Cheniere Energy Inc. (LNG) within the Russell 3000 index. The hefty volumes of options contracts exchanged have piqued investor interest and signified vigorous market participation. This presents an intriguing scenario where market dynamics seem to be heating up, resonating with the fervent buzz of a busy trading floor.
The options trading action in Avidity Biosciences Inc (RNA) was particularly impressive, with a total of 10,525 contracts traded so far. This figure remarkably represents approximately 1.1 million underlying shares, bustling at about 110.7% of RNA’s average daily trading volume over the past month. The $15 strike call option expiring March 15, 2024, took center stage with 5,177 contracts traded, representing approximately 517,700 underlying shares of RNA. This sizable activity has set the field abuzz like a jam-packed sports stadium during a game-changing play.
Similarly, iRhythm Technologies Inc (IRTC) options also saw robust activity, with a trading volume of 3,042 contracts so far today. This figure represents approximately 304,200 underlying shares, translating to a significant 105.6% of IRTC’s average daily trading volume over the past month. The $100 strike put option expiring March 15, 2024, witnessed a notable surge with 1,469 contracts traded, representing about 146,900 underlying shares of IRTC. This extensive activity echoes the hustle and bustle of a vibrant marketplace, exuding an aura of fervent energy as traders seize opportunities.
Cheniere Energy Inc. (LNG) also joined the fray with options boasting a volume of 18,133 contracts traded so far today. This number represents a substantial approximately 1.8 million underlying shares, comprising a noteworthy 98.2% of LNG’s average daily trading volume over the past month. The $170 strike call option expiring March 15, 2024, was a standout, with 6,714 contracts traded, representing about 671,400 shares of LNG. The substantial options trading in LNG signifies the ongoing stock market as a vibrant, dynamic opera where each movement seamlessly integrates with the symphony of the financial world.
For those intrigued by the diverse expirations for RNA, IRTC, or LNG options, a visit to StockOptionsChannel.com promises a deep dive into a treasure trove of information and insights for investors and traders alike.
As the market continues to churn, it’s fascinating to witness such compelling options activities resembling a grand performance, offering traders and investors a stage to showcase and leverage their strategies and insights.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
QRE Insider Buying
Funds Holding NG
PRAX market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
