HomeMarket News Riding High: Visa, American Financial Group, and Spectrum Brands Holdings...

Riding High: Visa, American Financial Group, and Spectrum Brands Holdings Steal the Limelight

As we gaze at the options market, an engrossing scene unfolds among the components of the Russell 3000 index. Visa Inc (Symbol: V) sparks intense interest, witnessing trade volume of 28,184 contracts today. This figure mirrors roughly 2.8 million underlying shares, a staggering 48.8% of V’s average daily trading over the last month, totaling 5.8 million shares. The $282.50 strike call option expiring on February 16, 2024, emerges as the star, with 2,754 contracts engaging in today’s dance, embodying approximately 275,400 underlying shares of V. A vivid chart delineates V’s trailing twelve-month trading history, spotlighting the $282.50 strike in a luminous orange glow.

American Financial Group Inc (Symbol: AFG) isn’t one to be outshone, boasting an options trading volume of 1,864 contracts. This figure represents approximately 186,400 underlying shares, a compelling 48.1% of AFG’s average daily trading over the past month, comprising 387,690 shares. The $137.50 strike put option, expiring on March 15, 2024, takes center stage, with 490 contracts joining the performance today, symbolizing roughly 49,000 underlying shares of AFG. Behold a chart illustrating AFG’s twelve-month trading history, with the $137.50 strike shining brightly in orange.

Spectrum Brands Holdings Inc (Symbol: SPB) takes its turn on the stage, with options surging to 1,872 contracts. This number equates to approximately 187,200 underlying shares, a substantial 47.7% of SPB’s average daily trading over the past month, totaling 392,425 shares. The $75 strike call option, maturing on February 16, 2024, waltzes into the spotlight with 900 contracts becoming a part of today’s spectacle, embodying around 90,000 underlying shares of SPB. Behold a chart displaying SPB’s twelve-month trading history, with the $75 strike gleaming radiant orange.