Noteworthy Options Trading Activity in the Russell 3000 Index

Strong Interest in PennyMac Financial, Block Inc., and Waste Management

Among the Russell 3000 index components, notable options trading activity was observed today for several companies. PennyMac Financial Services Inc (Symbol: PFSI) leads with an impressive total of 1,269 contracts traded so far, equivalent to approximately 126,900 underlying shares. This figure represents about 49.1% of PFSI’s average daily trading volume of 258,700 shares over the past month.

A particular highlight was the $110 strike call option set to expire on February 21, 2025, with 618 contracts traded, corresponding to around 61,800 underlying shares of PFSI. The chart below illustrates PFSI’s trading history for the past year, emphasizing the $110 strike in orange:

Next, Block Inc (Symbol: XYZ) reported significant options trading, with a total of 27,945 contracts exchanged today. This volume represents approximately 2.8 million underlying shares, amounting to 48.9% of XYZ’s average daily trading volume of 5.7 million shares for the last month.

The $84 strike put option, available until January 31, 2025, was especially active with 1,060 contracts traded, translating to roughly 106,000 underlying shares of XYZ. The chart below reflects XYZ’s trading history over the past year, with the $84 strike highlighted in orange:

Furthermore, Waste Management, Inc. (Symbol: WM) experienced a trading volume of 7,313 options contracts, representing about 731,300 underlying shares. This figure accounts for approximately 48.5% of WM’s average daily trading volume of 1.5 million shares over the last month.

High interest was also noted in the $190 strike put option, expiring on February 21, 2025, with 3,126 contracts traded today, which corresponds to approximately 312,600 underlying shares of WM. The chart below demonstrates WM’s trading history for the past year, with the $190 strike emphasized in orange:

For more details about the available expirations for options on PFSI, XYZ, or WM, you can visit StockOptionsChannel.com.

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

Also see:

• Top Stocks Held By Joel Greenblatt
• Lakeland Financial Historical Earnings
• Top Ten Hedge Funds Holding LBPS

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