Surge in Options Activity for Live Nation, Rocket Lab, and American Superconductor

Key Options Trading Trends in the Russell 3000

Examining the options trading among the Russell 3000 index, today’s standout activity comes from Live Nation Entertainment Inc (Symbol: LYV). So far, 16,102 contracts have traded, equating to about 1.6 million underlying shares, as each contract corresponds to 100 shares. This volume represents 77.8% of LYV’s average daily trading volume over the previous month, which is 2.1 million shares. Notable interest has been observed in the $150 strike call option, set to expire on November 15, 2024, with 3,042 contracts changing hands, or roughly 304,200 underlying shares of LYV. The following chart illustrates LYV’s trading history over the past twelve months, highlighting the $150 strike in orange:

Rocket Lab Experiences Robust Options Trading

Meanwhile, Rocket Lab USA Inc (Symbol: RKLB) witnessed options trading volume hitting 97,603 contracts, which translates to approximately 9.8 million underlying shares. This figure represents 75.1% of RKLB’s average daily trading volume of 13.0 million shares for the past month. A significant portion of this activity involves the $20 strike call option expiring January 17, 2025, where 8,261 contracts have traded, representing about 826,100 shares of RKLB. The chart below shows RKLB’s twelve-month trading history, with the $20 strike highlighted:

American Superconductor Sees Notable Options Volume

American Superconductor Corp. (Symbol: AMSC) reported an options volume of 10,114 contracts today, translating to around 1.0 million underlying shares. This represents a substantial 71.9% of AMSC’s average daily trading volume of 1.4 million shares. A highlight includes the $40 strike call option, which expires on December 20, 2024, with 2,581 contracts traded thus far, equating to approximately 258,100 underlying shares of AMSC. Below is a chart depicting AMSC’s trading history for the past twelve months, with the $40 strike marked in orange:

For additional information on available expirations for LYV, RKLB, or AMSC options, visit StockOptionsChannel.com.

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

Also see:

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• Institutional Holders of UZC

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