Heavy Options Trading Activity Spotlights Blink Charging, Elevance Health, and TKO Group

Insights into Today’s Options Volume and Key Strike Prices

Among the components of the Russell 3000 index, a significant surge in options trading has been observed today, particularly for Blink Charging Co (Symbol: BLNK). So far, 18,494 contracts have changed hands, representing approximately 1.8 million underlying shares. This figure equates to around 43.9% of BLNK’s average daily trading volume, which stands at 4.2 million shares over the past month. Notably, the $2.50 strike call option that expires on January 17, 2025, has seen the highest activity, with 12,396 contracts traded, indicating around 1.2 million underlying shares of BLNK. Below is a chart detailing BLNK’s trading history over the past twelve months, with the $2.50 strike highlighted in orange:

Elevance Health Experiences Notable Options Volume

Elevance Health Inc (Symbol: ELV) is also experiencing a busy day in options trading, with 4,860 contracts so far. This number corresponds to approximately 486,000 underlying shares, translating to a substantial 43.7% of ELV’s average daily trading volume of 1.1 million shares over the last month. A particularly high volume has been recorded for the $480 strike put option expiring on October 18, 2024, with 894 contracts traded today, equating to around 89,400 underlying shares of ELV. The chart below illustrates ELV’s trading performance over the past twelve months, highlighting the $480 strike in orange:

TKO Group Holdings Reports Strong Options Trading Activity

TKO Group Holdings Inc (Symbol: TKO) is witnessing its own active options session, with 3,838 contracts traded today, representing approximately 383,800 underlying shares. This figure amounts to about 43.7% of TKO’s average daily trading volume, which is 878,895 shares over the last month. The $125 strike put option expiring on November 15, 2024, has attracted considerable interest, with 2,001 contracts trading, indicating roughly 200,100 underlying shares of TKO. Below is a chart depicting TKO’s trading activity over the past twelve months, with the $125 strike noted in orange:

For more details on the available options for BLNK, ELV, or TKO, visit StockOptionsChannel.com.

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

Also see:

• GDLC Videos
• GFI Split History
• ISRL YTD Return

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