Surge in Options Trading: REV Group, PayPal, and XPO Grab Attention

High Volumes Highlight Recent Activity in Key Companies

Today’s options trading activity reveals significant interest in REV Group Inc (Symbol: REVG). A total of 3,708 contracts have been traded, which translates to approximately 370,800 underlying shares. This figure represents 60.7% of REVG’s average daily trading volume over the past month, which stands at 610,915 shares. Notably, the $35 strike call option set to expire on January 17, 2025, recorded 3,019 contracts traded, equating to about 301,900 underlying shares. Below is a chart illustrating REVG’s trading history over the past twelve months, with the $35 strike highlighted in orange:

PayPal Holdings Inc (Symbol: PYPL) also saw robust options trading, totaling 47,701 contracts, which represents around 4.8 million underlying shares. This is approximately 58.4% of PYPL’s average daily trading volume of 8.2 million shares over the last month. A surge was noted in the $140 strike call option expiring on January 17, 2025, with 1,970 contracts traded, reflecting nearly 197,000 underlying shares. Below is a chart showing PYPL’s twelve-month trading history, with the $140 strike highlighted in orange:

XPO Inc (Symbol: XPO) has also experienced increased options trading with a total of 7,825 contracts, translating to about 782,500 underlying shares. This is 57.2% of XPO’s average daily trading volume of 1.4 million shares in the past month. The $170 strike call option, expiring January 17, 2025, was particularly active, logging 1,913 contracts traded, which amounts to approximately 191,300 underlying shares. Below is a chart of XPO’s trading history for the past twelve months, with the $170 strike highlighted in orange:

For additional options expirations related to REVG, PYPL, or XPO, check out StockOptionsChannel.com.

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