Significant Friday Options Trading: CZR, BLK, LYB Insights

Avatar photo

Among the underlying components of the Russell 3000 index, Caesars Entertainment Inc (CZR) experienced significant options trading on October 4, 2023, with a total of 33,468 contracts traded, representing approximately 3.3 million underlying shares. This volume constitutes around 42.5% of CZR’s average daily trading volume of 7.9 million shares over the past month, particularly highlighting the $23 strike call option expiring on March 6, 2026, which saw 10,086 contracts traded, equating to about 1.0 million underlying shares.

Blackrock Inc (BLK) also noted noteworthy activity, with options trading volume of 3,352 contracts, representing around 335,200 underlying shares, or 41.7% of BLK’s average daily trading volume of 803,525 shares for the previous month. The $1,150 strike call option expiring on March 20, 2026, had 748 contracts traded today, accounting for approximately 74,800 underlying shares.

Furthermore, LyondellBasell Industries NV (LYB) recorded options trading volume of 31,160 contracts, or about 3.1 million underlying shares, making up 41.5% of LYB’s average daily trading volume of 7.5 million shares in the past month. Notably, the $45 strike call option expiring on March 20, 2026, had 14,060 contracts traded, representing around 1.4 million underlying shares.

The free Daily Market Overview 250k traders and investors are reading

Read Now