HomeMost PopularNoteworthy Monday Option Activity: GS, PANW, LMND

Noteworthy Monday Option Activity: GS, PANW, LMND

Actionable Trade Ideas

always free

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Goldman Sachs Group Inc (Symbol: GS), where a total volume of 26,630 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 105.7% of GS’s average daily trading volume over the past month, of 2.5 million shares. Particularly high volume was seen for the $450 strike call option expiring May 17, 2024, with 2,121 contracts trading so far today, representing approximately 212,100 underlying shares of GS. Below is a chart showing GS’s trailing twelve month trading history, with the $450 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

Palo Alto Networks, Inc (Symbol: PANW) options are showing a volume of 32,252 contracts thus far today. That number of contracts represents approximately 3.2 million underlying shares, working out to a sizeable 89.6% of PANW’s average daily trading volume over the past month, of 3.6 million shares.
Especially high volume was seen for the $310 strike call option expiring May 03, 2024, with 1,525 contracts trading so far today, representing approximately 152,500 underlying shares of PANW. Below is a chart showing PANW’s trailing twelve month trading history, with the $310 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

And Lemonade Inc (Symbol: LMND) saw options trading volume of 10,552 contracts, representing approximately 1.1 million underlying shares or approximately 79.7% of LMND’s average daily trading volume over the past month, of 1.3 million shares.
Especially high volume was seen for the $23 strike call option expiring May 17, 2024, with 2,100 contracts trading so far today, representing approximately 210,000 underlying shares of LMND. Below is a chart showing LMND’s trailing twelve month trading history, with the $23 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for GS options, PANW options, or LMND options, visit StockOptionsChannel.com.

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

Also see:

• AVT Average Annual Return
• PLMJ shares outstanding history
• MTRN shares outstanding history

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

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.