Surge in Options Trading: Coinbase, Accenture, and W.W. Grainger Stand Out
Today, the options trading scene for the Russell 3000 index highlighted significant activity, particularly for Coinbase Global Inc (COIN). A total of 213,305 contracts have traded, translating to about 21.3 million underlying shares. This volume represents approximately 279.2% of COIN’s average daily trading volume, which has been 7.6 million shares over the past month. Notably, the $282.50 strike call option, expiring January 17, 2025, saw substantial interest with 17,623 contracts traded, equating to around 1.8 million underlying shares of COIN. Below is COIN’s trading history chart for the past year, with the relevant strike option indicated in orange:
Accenture plc (ACN) also experienced notable options trading today, with 39,362 contracts changing hands, representing about 3.9 million underlying shares. This figure is roughly 146.4% of ACN’s monthly average daily trading volume of 2.7 million shares. The $290 strike call option set to expire on January 17, 2025, recorded a remarkable volume of 10,275 contracts, corresponding to approximately 1.0 million underlying shares. The chart below demonstrates ACN’s trading over the past twelve months, with the mentioned strike highlighted in orange:
Meanwhile, W.W. Grainger Inc. (GWW) witnessed options trading of 3,298 contracts, which is about 329,800 underlying shares. This represents approximately 129.5% of GWW’s average daily trading volume of 254,625 shares over the last month. Among these, the $1090 strike call option expiring July 18, 2025, stood out with 1,085 contracts traded, equivalent to approximately 108,500 underlying shares of GWW. The following chart illustrates GWW’s trading history over the previous year, with the relevant strike option distinctly marked in orange:
For anyone interested in exploring available options for COIN, ACN, or GWW, StockOptionsChannel.com offers extensive information.
Today’s Most Active Call & Put Options of the S&P 500 »
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