Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Riot Platforms Inc (Symbol: RIOT), where a total volume of 116,271 contracts has been traded thus far today, a contract volume which is representative of approximately 11.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.2% of RIOT’s average daily trading volume over the past month, of 26.3 million shares. Particularly high volume was seen for the $10.50 strike call option expiring May 17, 2024, with 14,132 contracts trading so far today, representing approximately 1.4 million underlying shares of RIOT. Below is a chart showing RIOT’s trailing twelve month trading history, with the $10.50 strike highlighted in orange:
Chevron Corporation (Symbol: CVX) options are showing a volume of 32,717 contracts thus far today. That number of contracts represents approximately 3.3 million underlying shares, working out to a sizeable 43.6% of CVX’s average daily trading volume over the past month, of 7.5 million shares.
Especially high volume was seen for the $160 strike call option expiring May 24, 2024, with 2,267 contracts trading so far today, representing approximately 226,700 underlying shares of CVX. Below is a chart showing CVX’s trailing twelve month trading history, with the $160 strike highlighted in orange:
And Johnson Controls International plc (Symbol: JCI) saw options trading volume of 25,378 contracts, representing approximately 2.5 million underlying shares or approximately 43.6% of JCI’s average daily trading volume over the past month, of 5.8 million shares.
Especially high volume was seen for the $70 strike call option expiring June 21, 2024, with 5,842 contracts trading so far today, representing approximately 584,200 underlying shares of JCI. Below is a chart showing JCI’s trailing twelve month trading history, with the $70 strike highlighted in orange:
For the various different available expirations for RIOT options, CVX options, or JCI options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
Financial Stocks Hedge Funds Are Buying
Funds Holding DRIO
Top Ten Hedge Funds Holding PLW
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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