Significant Options Trading Volume Observed in Major Companies

CloudFlare Inc Leads the Way with Over 52,000 Contracts

Among the key components of the Russell 3000 index, CloudFlare Inc (Symbol: NET) attracted notable options trading today. A total of 52,469 contracts have been traded so far, which equates to roughly 5.2 million underlying shares. This represents about 226.8% of NET’s average daily trading volume of 2.3 million shares over the past month. A focused amount of activity occurred with the $77.50 strike put option set to expire on January 17, 2025, where 7,537 contracts, or approximately 753,700 underlying shares, traded today. Below is a chart that illustrates NET’s trading history over the past twelve months, with the $77.50 strike highlighted in orange:

Affirm Holdings Inc Experiences Surge in Options Activity

Affirm Holdings Inc (Symbol: AFRM) also exhibited strong options trading, with 214,592 contracts traded, representing approximately 21.5 million underlying shares. This figure is about 225.9% of AFRM’s average daily trading volume of 9.5 million shares for the past month. Notably, high activity was recorded with the $50 strike call option expiring on November 15, 2024, as 12,268 contracts were traded, equating to about 1.2 million underlying shares. Below is a chart showing AFRM’s trailing twelve-month trading history, with the $50 strike highlighted in orange:

FedEx Corp Sees Robust Options Market Activity

FedEx Corp (Symbol: FDX) recorded a trading volume of 20,503 contracts, amounting to roughly 2.1 million underlying shares, which is about 159% of its monthly average daily trading volume of 1.3 million shares. The $297.50 strike call option expiring on November 15, 2024, attracted particular attention, with 4,113 contracts trading today, equating to approximately 411,300 underlying shares. Here is a chart exhibiting FDX’s trading history over the last twelve months, with the $297.50 strike highlighted in orange:

For a look at the various options expirations available for NET, AFRM, or FDX, you can visit StockOptionsChannel.com.

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

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