High Options Trading Volume Highlights ManpowerGroup, Travelers, and Beyond Meat
Significant Activity Recorded in Key Companies of the Russell 3000 Index
Today’s options trading has revealed interesting patterns in several companies within the Russell 3000 index. ManpowerGroup Inc (Symbol: MAN) stands out with a total trading volume of 2,465 contracts so far, which translates to around 246,500 shares. This remarkable figure accounts for 45.6% of MAN’s average daily trading volume of 540,890 shares over the past month. The $70 strike put option expiring on October 18, 2024, is particularly noteworthy, with 1,026 contracts traded, representing approximately 102,600 shares of MAN. The chart below illustrates MAN’s trading history over the past twelve months, with the $70 strike designated in orange:
Turning to Travelers Companies Inc (Symbol: TRV), options trading reveals a volume of 4,735 contracts to date. This corresponds to approximately 473,500 underlying shares, making up 44.4% of TRV’s average daily trading volume of 1.1 million shares over the last month. The $260 strike call option expiring on October 18, 2024, has seen significant interest, with 773 contracts traded, indicating about 77,300 shares of TRV. Below is the chart showcasing TRV’s trading performance in the past year, highlighting the $260 strike in orange:
Beyond Meat Inc (Symbol: BYND) has experienced the most active trading today, with 8,817 contracts exchanged. This number accounts for roughly 881,700 underlying shares, or around 43.9% of BYND’s average daily trading volume of 2.0 million shares over the previous month. Specifically, the $7 strike call option expiring on October 18, 2024, has been particularly popular, with 1,344 contracts traded, equating to approximately 134,400 shares of BYND. A twelve-month trading history for BYND is shown in the chart below, with the $7 strike option marked in orange:
For detailed information on the various expirations available for MAN, TRV, or BYND options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Top Ten Hedge Funds Holding PCI
- Top Ten Hedge Funds Holding PCEF
- Institutional Holders of BIS
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
