Significant Options Trading Activity Observed in Roblox, Marriott, and Lululemon
Options trading volumes are on the rise for several major companies, highlighting investor interest and market activity.
Among the constituents of the Russell 3000 index, Roblox Corp (Symbol: RBLX) has attracted considerable attention today, with a total of 55,319 contracts traded, which equals roughly 5.5 million underlying shares. This figure represents about 62.1% of RBLX’s average daily trading volume of 8.9 million shares over the past month. A notable spike occurred for the $54 strike call option set to expire on November 08, 2024, where 13,957 contracts traded today alone, translating to about 1.4 million underlying shares. Below is a chart depicting RBLX’s trading history over the last twelve months, with the $54 strike highlighted in orange:
Marriott International, Inc. (Symbol: MAR) has also experienced significant trading activity, with 7,903 contracts traded so far today. This corresponds to approximately 790,300 underlying shares and accounts for about 61.5% of MAR’s average daily trading volume of 1.3 million shares over the previous month. The $250 strike put option expiring January 17, 2025, saw a high volume of 1,198 contracts traded, equating to about 119,800 underlying shares. Below is a chart showing MAR’s trading history for the past year, with the $250 strike highlighted:
Similarly, lululemon athletica inc (Symbol: LULU) recorded an options trading volume of 11,973 contracts, which represents roughly 1.2 million underlying shares and approximately 60.6% of LULU’s average daily trading volume of 2.0 million shares for the last month. A significant volume was noted for the $310 strike put option expiring November 08, 2024, with 689 contracts traded today, representing about 68,900 underlying shares. The chart below illustrates LULU’s trading history over the last year, with the $310 strike highlighted:
For more information about the available expirations for options on RBLX, MAR, or LULU, you can visit StockOptionsChannel.com.
Explore Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Preferred Stock Ex-Dividend Calendar
- Funds Holding UVSP
- INFY YTD Return
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.