Surge in Options Trading: Key Players Shine in the Russell 3000
Recent options trading activity reveals significant movements for several stocks within the Russell 3000 index, spotlighting Nuscale Power, Amazon, and Hawaiian Electric.
Nuscale Power Corporation (Symbol: SMR) Thrives with High Volume
Nuscale Power Corporation Class A (Symbol: SMR) has experienced intriguing trading today. A total of 75,185 contracts exchanged hands, which translates to approximately 7.5 million underlying shares, considering each contract represents 100 shares. This volume accounts for 60.4% of SMR’s average daily trading volume over the last month, which stands at 12.5 million shares. Notably, the $22 strike call option expiring on November 15, 2024, saw 12,843 contracts traded, corresponding to around 1.3 million shares. Below is a chart illustrating SMR’s trading history over the past twelve months, with the $22 strike highlighted in orange:
Amazon.com Inc (Symbol: AMZN) Defies Expectations
Amazon.com Inc (Symbol: AMZN) recorded a robust options trading volume of 180,478 contracts today. This figure represents around 18.0 million underlying shares and approximately 60.3% of AMZN’s average daily trading volume of 29.9 million shares for the past month. The $200 strike call option, expiring November 01, 2024, was particularly active, with 10,221 contracts traded, equating to about 1.0 million shares. The following chart outlines AMZN’s trading history, spotlighting the $200 strike in orange:
Hawaiian Electric Industries Inc (Symbol: HE) Sees Strong Interest
Hawaiian Electric Industries Inc (Symbol: HE) also reported notable activity, with 18,477 contracts traded today, representing around 1.8 million underlying shares. This accounts for about 58% of HE’s average daily trading volume of 3.2 million shares over the past month. The $10.50 strike call option, expiring November 01, 2024, illustrated particularly high volume, with 11,894 contracts trading, corresponding to approximately 1.2 million shares. Below, a chart depicts HE’s trading pattern over the last year, with the $10.50 strike marked in orange:
For more details on the various expirations available for options on SMR, AMZN, or HE, please visit StockOptionsChannel.com.
Explore Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
Institutional Holders of AZEK
SAN Options Chain
Funds Holding FEM
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
