Home Market News Monday Option Surge: Citigroup, StoneCo Ltd, SAIC

Monday Option Surge: Citigroup, StoneCo Ltd, SAIC

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Monday Option Surge: Citigroup, StoneCo Ltd, SAIC

Citigroup Inc (C) Option Rally

On this eventful Monday in the world of stocks, Citigroup Inc (Symbol: C) is stealing the limelight with a surging options trading activity. The distinguished company has witnessed a total volume of a whopping 77,633 contracts today, equivalent to about 7.8 million underlying shares. This buzz signifies a remarkable 53% of C’s average daily trading volume for the last month, boasting strong investor interest. Notably, the $58 strike call option expiring on March 28, 2024, has been a focal point, with a significant 9,733 contracts traded, showcasing a keen appetite for potential upsides. The chart below vividly captures C’s recent trading trends, with the $58 strike shining brightly in orange:

Loading chart - 2024 TickerTech.com

StoneCo Ltd (STNE) Option Surge

Amidst the flurry of activity, StoneCo Ltd (Symbol: STNE) is not to be outdone, featuring an options trading volume of 20,895 contracts today. This substantial figure equates to roughly 2.1 million underlying shares or approximately 52.6% of STNE’s average daily trading volume over the last month. The $13.50 strike put option expiring on March 22, 2024, has particularly stood out with 2,062 contracts traded, indicating a cautious approach by certain market participants. The chart below provides an illuminating look at STNE’s trading history, with the $13.50 strike taking center stage in orange:

Loading chart - 2024 TickerTech.com

Science Applications International Corp (SAIC) Option Action

Additionally, Science Applications International Corp (Symbol: SAIC) has garnered attention today, with options trading volume hitting 1,559 contracts. This volume represents about 155,900 underlying shares or approximately 52.4% of SAIC’s average daily trading volume for the last month, reflecting a moderate level of interest. The $160 strike call option expiring on April 19, 2024, has seen notable activity, with 238 contracts changing hands, pointing towards some bullish sentiments in the air. The chart below encapsulates SAIC’s trading journey, accentuating the $160 strike in orange:

Loading chart - 2024 TickerTech.com

For a comprehensive view of the available expirations for C options, STNE options, or SAIC options, feel free to explore StockOptionsChannel.com.

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