Options Trading Surge Among Key Russell 3000 Stocks

Carvana, Tesla, and Meta Lead the Market with Significant Volume

Looking at options trading activity in the Russell 3000 index, Carvana Co (Symbol: CVNA) is experiencing a remarkable volume today. So far, 189,331 contracts have been traded, equating to around 18.9 million underlying shares. This volume represents a striking 663% of CVNA’s average daily trading volume over the past month, which is 2.9 million shares. Notably, the $180 strike put option expiring on January 03, 2025, has garnered particular attention, with 12,316 contracts changing hands today, corresponding to roughly 1.2 million underlying shares of CVNA. Below is a chart that illustrates CVNA’s trading history over the last twelve months, with the $180 strike highlighted in orange:

Tesla Inc (Symbol: TSLA) has also seen significant options trading, with a total volume of 3.0 million contracts. This amount represents around 298.7 million underlying shares, which is approximately 318.4% of TSLA’s average daily trading volume over the last month, pegged at 93.8 million shares. An especially notable volume appeared for the $400 strike call option, set to expire on January 03, 2025, with 178,722 contracts traded thus far, accounting for about 17.9 million underlying shares. Here’s a chart depicting TSLA’s trading history for the past year, with the $400 strike highlighted in orange:

In addition, Meta Platforms Inc (Symbol: META) shows robust activity with 377,724 contracts traded today. This figure translates to approximately 37.8 million underlying shares, representing a notable 304.1% of META’s average daily trading volume over the previous month, recorded at 12.4 million shares. The $605 strike call option expiring on January 03, 2025, is of particular interest, with 35,637 contracts traded, amounting to around 3.6 million underlying shares of META. Below is a chart of META’s trading history over the last year, highlighting the $605 strike option in orange:

For more information on option expirations for CVNA, TSLA, or META, visit StockOptionsChannel.com.

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

Also see:

• SNT shares outstanding history
• Funds Holding CZAR
• AXNX shares outstanding history

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