Today held particularly strong options trading surges for several prominent companies on the Russell 3000 index: XP Inc – Class A, DoorDash Inc, and Devon Energy Corp. The robust volume of option trades reflects a significant uptick in investor interest. Let’s delve into the details of this noteworthy activity and its potential implications for these companies.

XP Inc – Class A (XP)

A strikingly high trading volume of 22,421 contracts has been recorded for XP Inc – Class A (Symbol: XP) today, translating to roughly 2.2 million underlying shares. Notably, this represents approximately 44.4% of XP’s average daily trading volume over the past month, which stood at 5.0 million shares. Of particular interest is the $29 strike call option expiring March 01, 2024, which saw a substantial 10,002 contracts traded today, equivalent to approximately 1.0 million underlying shares. The surge in activity indicates heightened market attention to XP’s options, as depicted in the chart of XP’s trading history with the $29 strike highlighted in orange.

DoorDash Inc (DASH)

Options trading for DoorDash Inc (Symbol: DASH) also exhibited a considerable volume, with 13,557 contracts traded today, representing about 1.4 million underlying shares. This activity accounted for a sizable 43.1% of DASH’s average daily trading volume over the past month, which stood at 3.1 million shares. The $105 strike put option expiring February 16, 2024, stood out with a substantial 1,141 contracts traded today, equivalent to approximately 114,100 underlying shares. The chart presenting DASH’s trading history with the $105 strike highlighted in orange vividly portrays the heightened options trading for the company.

Devon Energy Corp. (DVN)

Not to be outdone, options trading for Devon Energy Corp. (Symbol: DVN) surged with a volume of 32,065 contracts traded today, representing roughly 3.2 million underlying shares. This notable activity accounted for approximately 41.2% of DVN’s average daily trading volume over the past month, which stood at 7.8 million shares. The $42.50 strike call option expiring February 23, 2024, gathered significant interest with 7,318 contracts traded today, equivalent to approximately 731,800 underlying shares. The chart depicting DVN’s trading history with the $42.50 strike highlighted in orange captures the pronounced options trading activity surrounding the company.

For comprehensive information regarding the various available expirations for XP options, DASH options, or DVN options, interested parties are encouraged to visit StockOptionsChannel.com.

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

Also see:

• CKE Historical Stock Prices
• Funds Holding XVG
• Institutional Holders of ENL

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