Surge in Options Trading for Nuscale Power, Energy Fuels, and Block Inc.

Today, options trading activity has spiked significantly among several companies in the Russell 3000 index, highlighting investor interest.

Nuscale Power Corporation (SMR) Lights Up with High Trading Volume

Nuscale Power Corporation Class A (Symbol: SMR) experienced remarkable options trading today, with a total of 93,606 contracts exchanged. This volume represents about 9.4 million underlying shares, which is 125.8% of the average daily trading volume of 7.4 million shares over the past month. Notably, the $20 strike call option, set to expire on November 15, 2024, saw 8,811 contracts trading, equating to approximately 881,100 underlying shares. Below is a chart displaying SMR’s trading history over the last twelve months, with the $20 strike highlighted in orange:

Energy Fuels Inc (UUUU) Draws Attention

Energy Fuels Inc (Symbol: UUUU) also had a busy day in the options market, with trading hitting 30,044 contracts, translating to about 3.0 million underlying shares. This volume is a significant 98.2% of UUUU’s average daily trading volume of 3.1 million shares over the past month. The $7 strike call option, expiring on October 18, 2024, was particularly active, with 6,754 contracts trading, representing about 675,400 underlying shares. Here’s a chart showing UUUU’s trading activity over the past year, with the $7 strike indicated in orange:

Block Inc (SQ) Sees Strong Options Activity

Block Inc (Symbol: SQ) recorded options trading volume of 53,848 contracts, which equates to approximately 5.4 million underlying shares, about 91.7% of SQ’s average daily trading volume of 5.9 million shares for the past month. For the $76 strike call option expiring on October 18, 2024, trading was especially robust, with 8,612 contracts exchanging hands, representing around 861,200 underlying shares. Below is a chart illustrating SQ’s trading history over the last twelve months, highlighting the $76 strike in orange:

To explore various expiration dates for options related to SMR, UUUU, and SQ, you can visit StockOptionsChannel.com.

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

Also see:

• Institutional Holders of DCP
• SRE Split History
• Funds Holding SGOL

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