Friday’s Intriguing Options Buzz: DOMO, BMRN, FND

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DOMO Inc (DOMO)

Vendor of software that helps other firms make data-driven business decisions, Domo Inc (DOMO), saw a flurry of activity today. A total of 2,188 contracts have already changed hands, indicative of about 218,800 underlying shares. This figure represents 55.4% of DOMO’s average daily trading volume for the last month. Notably, the put option at the $10 strike, expiring on March 15, 2024, was particularly popular, with 984 contracts traded today, representing approximately 98,400 underlying shares of DOMO. Dive into DOMO’s past year of trading below, highlighting the $10 strike in vivid orange hues:

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BioMarin Pharmaceutical Inc (BMRN)

On the other end, BioMarin Pharmaceutical (BMRN) witnessed a notable options trading volume of 7,768 contracts today, reflecting about 776,800 underlying shares. This number stands at 55.1% of BMRN’s average daily trading volume across the past month of 1.4 million shares. The $85 strike put option, set to expire on April 19, 2024, was highly sought after, with 7,042 contracts swapped, representing about 704,200 underlying shares of BMRN. Peep into BMRN’s yesteryears of trading visualized below, with the $85 strike shining bright in orange:

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Floor & Decor Holdings Inc (FND)

Meanwhile, Floor & Decor Holdings Inc (FND) wasn’t left behind in the options frenzy, with a trading volume of 8,639 contracts – roughly 863,900 underlying shares. This accounted for approximately 54.7% of FND’s average daily trading volume over the prior month, that stood at 1.6 million shares. The $135 strike call option expiring on March 15, 2024, was a standout choice today, with 1,334 contracts in action, representing about 133,400 underlying shares of FND. Delve into FND’s trading journey below, accentuating the $135 strike in vibrant orange:

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For a comprehensive view of the array of expiration possibilities for DOMO, BMRN, or FND options, a visit to StockOptionsChannel.com is well-advised.

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Bear in mind, the conjectures and musings articulated herein are solely the author’s and may not necessarily align with those of Nasdaq, Inc.

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