High Options Trading Activity in Five Below, Ovintiv, and Zoom Video
Five Below Inc Sees Significant Trade Volume
Options trading activity is buzzing today, especially for Five Below Inc (Symbol: FIVE). A total of 9,010 contracts have been traded, which equates to around 901,000 underlying shares. This represents about 53% of FIVE’s recent average daily trading volume of 1.7 million shares. A notable spike occurred with the $85 strike put option set to expire on November 15, 2024, where 4,177 contracts have already traded. This includes approximately 417,700 shares of FIVE. Below is a chart that shows FIVE’s trailing twelve-month trading history, with the $85 strike highlighted in orange:
Ovintiv Inc Experiences Strong Options Demand
Ovintiv Inc (Symbol: OVV) is also seeing impressive activity with 13,060 contracts traded today. This amount represents roughly 1.3 million shares, which is 51.6% of OVV’s average daily volume over the past month of 2.5 million shares. The $44 strike call option expiring on January 17, 2025, accounts for much of this volume, with 9,062 contracts trading, equating to around 906,200 underlying shares. Below is a chart displaying OVV’s trading history, with the $44 strike highlighted in orange:
Zoom Video Communications Sees Elevated Option Activity
Zoom Video Communications Inc (Symbol: ZM) is another spotlight today, with 13,426 contracts traded, representing approximately 1.3 million shares. This volume corresponds to about 50.5% of ZM’s monthly average daily trading volume of 2.7 million shares. The $84 strike call option due on November 15, 2024, has highlighted its activity with 1,700 contracts, which equates to around 170,000 underlying shares of Zoom. Below is a chart illustrating ZM’s twelve-month trading history, with the $84 strike highlighted in orange:
For more information on available expirations for options from FIVE, OVV, or ZM, check out StockOptionsChannel.com.
Explore Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
• Healthcare Dividend Stock List
• Top Ten Hedge Funds Holding FISV
• Institutional Holders of IFEU
The views and opinions expressed herein are those of the author and do not necessarily reflect the positions of Nasdaq, Inc.
