Significant Options Activity Observed in Key Russell 3000 Stocks
Today, the Russell 3000 index highlighted notable trading activity in several companies, particularly Carvana Co (Symbol: CVNA). A total of 125,425 contracts have changed hands, indicating trading of approximately 12.5 million underlying shares. This figure is about 224.2% of CVNA’s average daily trading volume of 5.6 million shares over the past month. Significant interest was noted for the $190 strike put option expiring March 21, 2025, with 25,234 contracts traded, equating to roughly 2.5 million shares. The chart below illustrates CVNA’s trailing twelve-month trading history, with the highlighted $190 strike shown in orange:
GameStop Corp (Symbol: GME) also experienced substantial options trading, with 82,241 contracts traded so far today. This represents around 8.2 million underlying shares and amounts to an impressive 187% of GME’s average daily trading volume of 4.4 million shares viewed over the past month. The $25 strike call option expiring March 21, 2025, garnered significant attention, with 7,297 contracts traded, translating to approximately 729,700 underlying shares. Below is the chart showing GME’s trading history over the last twelve months, with the $25 strike highlighted:
Westlake Corp (Symbol: WLK) recorded an options trading volume of 12,408 contracts, representing about 1.2 million underlying shares, or 158.4% of WLK’s average daily trading volume of 783,320 shares over the past month. An especially high volume was noted for the $100 strike put option expiring March 21, 2025, which saw 6,150 contracts traded, equating to approximately 615,000 underlying shares. The chart below depicts WLK’s trailing twelve-month trading history, with the $100 strike shown in orange:
For additional details regarding available expirations for CVNA, GME, or WLK options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
also see:
- Top Stocks Held By Jeremy Grantham
- Funds Holding QEPM
- Institutional Holders of CSFL
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
