Options Trading Highlights: Huntsman, Rivian, and Viridian Active Today
Options activity for companies within the Russell 3000 index reveals significant trading volume today, particularly for Huntsman Corp, Rivian Automotive, and Viridian Therapeutics.
In the trading spotlight is Huntsman Corp (Symbol: HUN), with a total volume of 15,261 contracts traded today. This number equates to about 1.5 million shares, representing 73.6% of HUN’s average daily trading volume of 2.1 million shares over the past month. A large portion of today’s activity was concentrated on the $17 strike put option set to expire on January 17, 2025, which saw 15,039 contracts traded, or roughly 1.5 million underlying shares. Below is a chart depicting HUN’s trading history for the last twelve months, with the $17 strike clearly highlighted in orange:
Rivian Automotive Inc (Symbol: RIVN) is also drawing attention, exhibiting a notable options volume of 324,881 contracts today. This figure translates to approximately 32.5 million underlying shares, accounting for 72.1% of RIVN’s monthly average daily trading volume of 45.1 million shares. Noteworthy was the trading activity for the $16 strike call option expiring on December 20, 2024, with 29,782 contracts representing about 3.0 million underlying shares exchanged. Below is the chart of RIVN’s trading history, highlighting the $16 strike in orange:
Viridian Therapeutics Inc (Symbol: VRDN) reported options trading volume of 7,719 contracts, which corresponds to around 771,900 underlying shares and 70.7% of VRDN’s average daily trading volume of 1.1 million shares over the past month. The high volume focused on the $22.50 strike put option expiring on January 17, 2025, with 3,724 contracts traded, reflecting approximately 372,400 underlying shares. The following chart illustrates VRDN’s trading history over the last twelve months, with the $22.50 strike option highlighted in orange:
For more information on available options expirations for HUN, RIVN, or VRDN, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Related Content:
• Top Stocks Held By Daniel Loeb
• Top Ten Hedge Funds Holding FDNI
• RLMD Average Annual Return
The views and opinions expressed herein are solely those of the author and do not necessarily reflect those of Nasdaq, Inc.
