Surge in Options Trading: Arbor Realty, Block Inc, and Mission Produce Stand Out

In a notable day for options trading within the Russell 3000 index, several companies display significant activity that investors should watch. Arbor Realty Trust Inc (Symbol: ABR) has attracted attention with a total trading volume of 14,870 contracts today, equaling about 1.5 million underlying shares. This number accounts for 74.1% of ABR’s average daily trading volume of 2.0 million shares over the past month. The $14 strike put option set to expire on December 20, 2024, led the way with an impressive 6,419 contracts trading, which equates to roughly 641,900 shares. Below is a chart detailing ABR’s trading history over the past twelve months, highlighting the $14 strike in orange:

Block Inc (Symbol: SQ) also experienced heightened options trading with a total of 62,513 contracts exchanged. This volume represents approximately 6.3 million underlying shares, making up 69.7% of SQ’s average daily volume of 9.0 million shares over the last month. The $90 strike call option, expiring on December 20, 2024, recorded substantial activity with 2,702 contracts traded, corresponding to about 270,200 underlying shares. A chart illustrating SQ’s trading history over the previous year, with the $90 strike highlighted in orange, can be seen below:

Mission Produce Inc (Symbol: AVO) also made its mark in options trading today, with a volume of 1,427 contracts—approximately 142,700 underlying shares. This amount is a significant 67.1% of AVO’s average daily trading volume of 212,530 shares over the past month. High volume was recorded for the $15 strike call option, set to expire on January 17, 2025, with 426 contracts traded, representing around 42,600 underlying shares. Below, AVO’s trailing twelve-month trading history is displayed, with the $15 strike highlighted in orange:

To explore the various option expirations available for ABR, SQ, or AVO, visit StockOptionsChannel.com.

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

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