HomeMarket NewsNoteworthy Wednesday Option Activity: FSLR, GPN, IIPR

Noteworthy Wednesday Option Activity: FSLR, GPN, IIPR

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in First Solar Inc (Symbol: FSLR), where a total volume of 13,318 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 64.3% of FSLR’s average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $200 strike call option expiring May 17, 2024, with 862 contracts trading so far today, representing approximately 86,200 underlying shares of FSLR. Below is a chart showing FSLR’s trailing twelve month trading history, with the $200 strike highlighted in orange:

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Global Payments Inc (Symbol: GPN) options are showing a volume of 14,715 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 63.6% of GPN’s average daily trading volume over the past month, of 2.3 million shares.
Particularly high volume was seen for the $120 strike put option expiring May 17, 2024, with 6,000 contracts trading so far today, representing approximately 600,000 underlying shares of GPN. Below is a chart showing GPN’s trailing twelve month trading history, with the $120 strike highlighted in orange:

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And Innovative Industrial Properties Inc (Symbol: IIPR) saw options trading volume of 1,466 contracts, representing approximately 146,600 underlying shares or approximately 61.8% of IIPR’s average daily trading volume over the past month, of 237,260 shares.
Especially high volume was seen for the $115 strike call option expiring July 19, 2024, with 149 contracts trading so far today, representing approximately 14,900 underlying shares of IIPR. Below is a chart showing IIPR’s trailing twelve month trading history, with the $115 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for FSLR options, GPN options, or IIPR options, visit StockOptionsChannel.com.

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

Also see:

• Funds Holding JSM
• Funds Holding BTCW
• Funds Holding FBSS

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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