Surge in Options Trading Highlights Activity for Citigroup, GEO Group, and Scorpio Tankers
Citigroup Leads with Impressive Volume in Trading Options
Today, in the Russell 3000 index, options trading volume surged for Citigroup Inc (Symbol: C). A total of 77,969 contracts were exchanged, which corresponds to around 7.8 million underlying shares. This figure represents nearly 64.7% of C’s average daily trading volume of 12.0 million shares over the past month.
A substantial portion of this volume came from the $55 strike put option, set to expire on January 17, 2025, with 25,034 contracts traded today, representing about 2.5 million underlying shares of C. Below is a chart reflecting C’s trailing twelve-month trading history, with the $55 strike prominently highlighted in orange:
GEO Group Experiences Increased Options Activity
GEO Group Inc (Symbol: GEO) also saw significant options trading, with 16,343 contracts changing hands. This figure represents about 1.6 million underlying shares or approximately 63.4% of GEO’s average daily trading volume of 2.6 million shares over the past month.
Notably, the $35 strike call option set to expire on January 16, 2026, generated high volume, with 5,043 contracts traded today and about 504,300 underlying shares represented. Below is a chart detailing GEO’s trailing twelve-month trading history, with the $35 strike highlighted in orange:
Scorpio Tankers Records Notable Trading Volume
Scorpio Tankers Inc (Symbol: STNG) recorded options trading activity of 5,641 contracts, or about 564,100 underlying shares, equating to approximately 62.6% of STNG’s average daily trading volume of 900,970 shares over the past month.
Higher volume was noted for the $47 strike put option expiring on January 17, 2025, with 2,007 contracts traded today, which translates to about 200,700 underlying shares of STNG. Below is a chart illustrating STNG’s trailing twelve-month trading history, with the $47 strike highlighted in orange:
For information on the various expiration options for C, GEO, or STNG, check out StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
• Cheap Consumer Stocks
• CAC Average Annual Return
• BTOC market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
