High Options Trading Volumes Spotlight Trump Media, DaVita, and Wells Fargo

Investors are buzzing about options activity in several key companies within the Russell 3000 index, including Trump Media & Technology Group Corp, DaVita Inc, and Wells Fargo & Co. Here are the highlights from today’s trading.

Trump Media & Technology Group Corp Shows Strong Activity

Trump Media & Technology Group Corp (Symbol: DJT) has experienced significant options trading today, with 131,191 contracts exchanged. This figure translates to approximately 13.1 million underlying shares, equating to about 42.3% of DJT’s average daily trading volume of 31.0 million shares over the last month. A notable focus was on the $30 strike call option expiring on October 18, 2024, where 7,138 contracts were traded, representing about 713,800 underlying shares of DJT. Below is a chart illustrating DJT’s trading history over the past twelve months, with the $30 strike highlighted in orange:

DaVita Inc Sees Substantial Options Volume

DaVita Inc (Symbol: DVA) reported options trading of 2,969 contracts today, which is about 296,900 underlying shares. This amount accounts for a robust 42% of DVA’s average daily trading volume of 706,965 shares over the last month. A significant volume was noted for the $110 strike put option set to expire on December 18, 2026, with 811 contracts traded, representing around 81,100 underlying shares of DVA. Below is the chart of DVA’s trading history from the last twelve months, featuring the $110 strike in orange:

Wells Fargo & Co Experiences Heavy Trading

Wells Fargo & Co (Symbol: WFC) reported options trading volumes of 77,096 contracts today, which corresponds to approximately 7.7 million underlying shares. This constitutes about 41.3% of WFC’s average daily trading volume of 18.7 million shares over the previous month. A notable spike occurred for the $64 strike put option expiring on October 18, 2024, where 8,569 contracts were traded, equating to approximately 856,900 underlying shares of WFC. Below is a chart depicting WFC’s trading activity over the past year, with the $64 strike emphasized in orange:

Explore More Options Strategies

For detailed information on the various expiration options available for DJT, DVA, or WFC, check out StockOptionsChannel.com.

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

Related Information:

• TNT shares outstanding history
• Institutional Holders of GHG
• VAL Split History

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