Increased Options Trading Volume Noted for Lithia, United, and Snowflake
Today, significant options trading activity has emerged within the Russell 3000 index, particularly for Lithia Motors Inc (Symbol: LAD). A total of 1,540 contracts have been traded, equating to approximately 154,000 underlying shares. This figure represents about 44.6% of LAD’s average daily trading volume of 345,600 shares over the past month. A noteworthy spike occurred with the $200 strike put option expiring June 20, 2025, where 1,011 contracts were traded, translating to around 101,100 underlying shares of LAD. Below is a chart illustrating LAD’s trailing twelve-month trading history, highlighting the $200 strike in orange:
Turning to United Airlines Holdings Inc (Symbol: UAL), options trading has revealed a total of 43,205 contracts today. This volume represents about 4.3 million underlying shares, constituting a significant 43.6% of UAL’s average daily trading volume of 9.9 million shares over the past month. In particular, the $85 strike call option expiring April 17, 2025, has seen heightened interest, with 7,121 contracts traded, amounting to approximately 712,100 underlying shares of UAL. Below is a chart depicting UAL’s trailing twelve-month trading history, with the $85 strike highlighted in orange:
Similarly, Snowflake Inc (Symbol: SNOW) saw activity in options trading today, accounting for 32,572 contracts. This translates to about 3.3 million underlying shares, equating to 43.2% of SNOW’s average daily trading volume of 7.5 million shares over the last month. The $135 strike put option set to expire on April 11, 2025, has garnered attention with 1,261 contracts traded, representing approximately 126,100 underlying shares of SNOW. Below, you’ll find a chart of SNOW’s trailing twelve-month trading history, where the $135 strike is highlighted in orange:
For information on other available expirations for options on LAD, UAL, or SNOW, please visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
also see:
- ANR Options Chain
- MKL shares outstanding history
- Institutional Holders of OXUS
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.