On the trading floor today, notable activity is recorded in the options market for Carvana Co (CVNA), with a total of 126,936 contracts traded, equating to approximately 12.7 million underlying shares. This volume is 424.8% of CVNA’s average daily trading volume over the past month, which is 3.0 million shares. Significant trading was observed in the $375 strike call option expiring August 1, 2025, with 12,769 contracts, representing around 1.3 million underlying shares.
Apple Inc (AAPL) witnessed a trading volume of 1.9 million contracts, amounting to about 190.1 million underlying shares, or 408.2% of its monthly average of 46.6 million shares. The $205 strike call option expiring August 1, 2025, recorded a particularly high volume with 136,444 contracts traded, representing approximately 13.6 million underlying shares.
Performant Healthcare Inc (PHLT) also indicated significant options activity, with 5,406 contracts traded, representing about 540,600 underlying shares, or 275% of its average daily trading volume of 196,570 shares. The $7.50 strike put option expiring August 15, 2025, saw 2,443 contracts traded, equating to roughly 244,300 underlying shares.
