Strong Options Trading Activity in Avis Budget, Roblox, and The Trade Desk
Key Transactions Highlighted as Investors Take Notice
Looking at options trading activity within the Russell 3000 index, notable movements are evident today in Avis Budget Group Inc (Symbol: CAR). A total of 2,700 contracts have been traded so far, which translates to around 270,000 underlying shares—each contract represents 100 shares. This trading volume accounts for 49.4% of CAR’s average daily trading volume of 546,360 shares over the past month.
High activity was particularly seen with the $80 strike put option expiring on March 21, 2025, where 675 contracts, equivalent to about 67,500 underlying shares of CAR, have changed hands. The chart below illustrates CAR’s trading history over the last twelve months, with the $80 strike prominently highlighted in orange:
Meanwhile, Roblox Corp (Symbol: RBLX) has experienced significant options trading as well, recording a volume of 29,107 contracts. This volume indicates approximately 2.9 million underlying shares, corresponding to 49.1% of RBLX’s average daily trading volume of 5.9 million shares in the last month.
A specific highlight is the $70 strike put option expiring on January 31, 2025, with 4,032 contracts traded, representing roughly 403,200 underlying shares. The chart below depicts RBLX’s trading history for the past twelve months, with the $70 strike marked in orange:
In addition, The Trade Desk Inc (Symbol: TTD) is seeing robust options volume today, with 16,541 contracts traded. This figure represents about 1.7 million underlying shares, or 48.8% of TTD’s average daily trading volume of 3.4 million shares over the previous month.
Noteworthy is the $124 strike call option expiring January 31, 2025, which has reported 1,499 contracts traded, equating to approximately 149,900 underlying shares. The chart below illustrates TTD’s trading history from the past twelve months, with the $124 strike highlighted:
To explore various expirations available for CAR, RBLX, or TTD options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
– Carl Icahn Stock Picks
– EXAR Price Target
– SITO YTD Return
The views and opinions expressed herein are those of the author and may not reflect the views of Nasdaq, Inc.