Significant Options Activity on Friday: AFRM, JBL, INTC

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Among the notable options trading on October 10, 2023, Affirm Holdings Inc (Symbol: AFRM) reported significant activity with a total of 46,730 contracts traded, equating to approximately 4.7 million underlying shares. This figure represents about 94.5% of AFRM’s average daily trading volume over the past month, which is 4.9 million shares. A high volume was registered for the $85 strike call option expiring on May 15, 2026, with 10,733 contracts traded, representing around 1.1 million underlying shares.

Jabil Inc (Symbol: JBL) also experienced substantial options trading, with 9,641 contracts, or 964,100 underlying shares, accounting for 93.2% of JBL’s average daily volume of 1 million shares. The $335 strike put option expiring on May 8, 2026, saw 1,789 contracts traded, equivalent to approximately 178,900 underlying shares.

Additionally, Intel Corp (Symbol: INTC) reported options trading volume of 1.3 million contracts, representing roughly 127.9 million underlying shares, or 93.1% of INTC’s average daily volume of 137.3 million shares. A particularly high volume was noted for the $100 strike call option expiring on May 1, 2026, with 132,928 contracts traded, amounting to approximately 13.3 million underlying shares.

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