Significant Thursday Options Trading Trends: AVGO, PFSI, FI

Significant Options Trading Activity in Russell 3000 Stocks

Today’s options trading activity among components of the Russell 3000 index has garnered attention. Broadcom Inc (Symbol: AVGO) has seen a total volume of 191,846 contracts traded so far, equivalent to approximately 19.2 million underlying shares, since each contract represents 100 shares. This trading volume makes up 52% of AVGO’s average daily trading volume of 36.9 million shares over the past month. The $190 strike call option, expiring on April 25, 2025, has attracted particularly high interest with 8,659 contracts traded today, representing around 865,900 underlying shares. Below is a chart depicting AVGO’s trailing twelve-month trading history, with the $190 strike highlighted in orange:

AVGO Trading Chart

PennyMac Financial Services Inc (Symbol: PFSI) is also experiencing notable options activity, with 2,908 contracts traded to date. This represents approximately 290,800 underlying shares, equating to a significant 51.2% of PFSI’s average daily trading volume of 567,670 shares over the last month. The $105 strike call option, set to expire on August 15, 2025, has seen 800 contracts traded, translating to about 80,000 underlying shares. Below is a chart showing PFSI’s trailing twelve-month trading history, with the $105 strike highlighted in orange:

PFSI Trading Chart

In addition, Fiserv Inc (Symbol: FI) has recorded options trading volume of 17,733 contracts, representing approximately 1.8 million underlying shares, or about 51% of FI’s average daily trading volume of 3.5 million shares over the last month. The $200 strike call option, expiring on June 20, 2025, currently has 955 contracts traded, equating to roughly 95,500 underlying shares. Below is a chart displaying FI’s trailing twelve-month trading history, with the $200 strike highlighted in orange:

FI Trading Chart