On October 6, 2023, Civitas Resources Inc (CIVI) saw significant options trading activity with a total volume of 37,868 contracts, equating to approximately 3.8 million underlying shares. This represents 179.5% of CIVI’s average daily trading volume of 2.1 million shares. The most notable was the $27.50 strike call option, with 17,185 contracts traded, representing about 1.7 million underlying shares.
PVH Corp (PVH) recorded an options volume of 17,300 contracts, approximately 1.7 million underlying shares, which accounts for 124.7% of its average daily trading volume of 1.4 million shares. The $70 strike call option was particularly active with 2,969 contracts traded, corresponding to about 296,900 underlying shares.
Lemonade Inc (LMND) had 21,327 contracts traded, representing roughly 2.1 million underlying shares, or 105.3% of its average daily trading volume of 2.0 million shares. The $36.50 strike call option saw a high volume of 2,778 contracts, representing approximately 277,800 underlying shares.
