Surge in Options Trading Highlights Activity for Hims, Ambarella, and Verizon

Today, options trading in the Russell 3000 index is drawing attention, particularly for Hims & Hers Health Inc (Symbol: HIMS). The company has recorded a noteworthy volume of 98,293 contracts, equivalent to about 9.8 million underlying shares. This trading level represents 43.3% of HIMS’s average daily trading volume over the last month, which stands at 22.7 million shares. An especially active option was the $22 strike call expiring on November 22, 2024, with 7,956 contracts traded today, corresponding to roughly 795,600 underlying shares. The chart below illustrates HIMS’s trading history over the past year, with the $22 strike marked in orange:

Ambarella, Inc. (Symbol: AMBA) is also experiencing significant options trading, with a total of 1,319 contracts exchanged today. This volume translates to approximately 131,900 underlying shares, representing about 40.4% of AMBA’s average daily trading volume of 326,350 shares for the past month. The $43 strike put option expiring on November 29, 2024, has seen particularly high activity, with 304 contracts traded so far today, reflecting around 30,400 underlying shares. Below is a chart showcasing AMBA’s trading history, highlighting the $43 strike:

Verizon Communications Inc (Symbol: VZ) is witnessing a robust presence in the options market with 70,781 contracts traded today. This figure represents about 7.1 million underlying shares, making up 40.3% of VZ’s recent average daily trading volume of 17.6 million shares. A significant portion of this trading focuses on the $44 strike call option expiring on November 29, 2024, with 13,025 contracts recorded today, corresponding to approximately 1.3 million underlying shares. The chart below illustrates VZ’s twelve-month trading history, with the $44 strike indicated in orange:

To explore the various expirations available for HIMS, AMBA, or VZ options, please visit StockOptionsChannel.com.

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

Also see:

• IDOG Videos
• FLGC market cap history
• AGTC 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.