When the lights dim on Wall Street, the buying and selling ballet of options continues. The Russell 3000 index, a cultural hive of market movement, showcased three standouts in today’s performance – Western Digital Corp under WDC, Las Vegas Sands Corp under LVS, and PureCycle Technologies Inc under PCT. Among these companies, today bore witness to trading volumes not seen since the legendary Black Monday of ’87.
Beginning with Western Digital Corp, the market stood in awe as 44,256 contracts tangoed through the trading floor, representing approximately 4.4 million underlying shares. This figure, an extraordinary 51.6% of WDC’s average daily trading volume over the past month, paints a picture of fervent interest. The spotlight shone especially bright on the $57.50 strike call option, scheduled to expire on April 19, 2024, with 23,462 contracts gyrating to the tune of approximately 2.3 million underlying WDC shares. The fervor was palpable, reminiscent of the 1990s boom. The charts, illuminated in orange, tell the story of an extraordinary performance.
As the curtains rose for Las Vegas Sands Corp, the audacious display of 27,572 contracts on the trading stage left spectators reeling. Such a number of contracts, approximately 2.8 million underlying shares, represented a whopping 50.1% of LVS’s average daily trading volume over the past month. The $55 strike call option, set to dazzle until March 15, 2024, saw 3,221 contracts taking center stage, symbolizing approximately 322,100 underlying shares of LVS. The charts, ablaze in the unmistakable hue of orange, encapsulate a drama worthy of the days of Rockefeller and Carnegie.
Finally, the theatrical spectacle at PureCycle Technologies Inc was a sight to behold with 13,631 contracts engaging in a waltz, representing approximately 1.4 million underlying shares or about 49.9% of PCT’s average daily trading volume over the past month. The $14 strike call option, scheduled to enthrall until May 17, 2024, saw 3,242 contracts swaying to the rhythm, symbolizing approximately 324,200 underlying shares of PCT. The charts, resplendent in orange hues, evoke comparisons to the roaring ’20s, a time of great change and innovation.
For the theatrical smorgasbord of expirations for WDC, LVS, or PCT options, enthusiasts can visit StockOptionsChannel.com and immerse themselves in the grandeur.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- FTNW Insider Buying
- BXG Insider Buying
- NMRK 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.
