HomeMarket NewsSignificant Option Movements on Tuesday: LEU, DLTR, CVNA

Significant Option Movements on Tuesday: LEU, DLTR, CVNA

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Options Trading Buzz: High Volumes for Centrus, Dollar Tree, and Carvana

Key Options Activity Across Three Notable Companies

Today, options trading has spiked among stocks in the Russell 3000 index, particularly in Centrus Energy Corp (Symbol: LEU). So far, 9,251 contracts have traded, corresponding to about 925,100 underlying shares. This figure represents 75.4% of LEU’s average daily trading volume of 1.2 million shares over the last month. The $75 strike put option, expiring on November 15, 2024, has drawn significant interest, with 2,365 contracts traded today, equal to roughly 236,500 underlying shares. Below is a chart that illustrates LEU’s trading history with the $75 strike highlighted in orange:

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Dollar Tree Inc (Symbol: DLTR) has also seen remarkable options trading today, with a total of 21,087 contracts exchanged, representing approximately 2.1 million underlying shares. This volume accounts for about 73.1% of DLTR’s average daily trading of 2.9 million shares over the past month. The most active put option was the $130 strike, with 5,200 contracts trading today, corresponding to around 520,000 underlying shares. The trailing twelve-month trading history for DLTR is presented below, with the $130 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

Carvana Co (Symbol: CVNA) has also experienced notable options activity, with 17,952 contracts traded, which translates to roughly 1.8 million underlying shares. This volume represents about 72.9% of CVNA’s average daily trading of 2.5 million shares over the last month. The $55 strike put option, expiring on June 20, 2025, saw particularly high interest with 505 contracts trading today, amounting to approximately 50,500 underlying shares. The chart below shows CVNA’s trading history with the $55 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For more information on the various expirations available for LEU, DLTR, or CVNA options, visit StockOptionsChannel.com.

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

Also see:
  • NGL shares outstanding history
  • MW Videos
  • Institutional Holders of FLMI

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

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