High Options Trading Volumes Spotlight Snowflake, Coinbase, and Hippo Holdings

Among the components of the Russell 3000 index, notable options trading activity has emerged today. Snowflake Inc (Symbol: SNOW) has seen a total of 83,572 contracts traded, which translates to around 8.4 million underlying shares. This figure is approximately 125.2% of SNOW’s average daily trading volume over the past month, which is 6.7 million shares. A particularly significant volume was recorded for the $180 strike call option set to expire on March 07, 2025, with 6,809 contracts traded, equating to approximately 680,900 underlying shares of SNOW. The accompanying chart illustrates SNOW’s trailing twelve-month trading history, emphasizing the $180 strike in orange:

Coinbase Global Inc (Symbol: COIN) has also seen considerable options activity, with 123,674 contracts traded today. This volume corresponds to roughly 12.4 million underlying shares, representing a notable 117.9% of COIN’s average daily trading volume over the past month of 10.5 million shares. The $300 strike call option expiring on March 21, 2025, accounted for a significant portion of this activity, with 7,425 contracts traded, which indicates approximately 742,500 underlying shares of COIN. The chart below depicts COIN’s trailing twelve-month trading history, with the $300 strike highlighted in orange:

In addition, Hippo Holdings Inc (Symbol: HIPO) has recorded an options volume of 1,794 contracts today. This volume accounts for about 179,400 underlying shares, representing 114.8% of HIPO’s average daily trading volume of 156,335 shares over the past month. The $30 strike call option set to expire on April 17, 2025, has seen trading of 741 contracts, equating to about 74,100 underlying shares of HIPO. The chart below shows HIPO’s trailing twelve-month trading history, with the $30 strike highlighted in orange:

For detailed insights on various expirations related to SNOW options, COIN options, or HIPO options, be sure to visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

also see:

• Institutional Holders of DMND
• N Price Target
• AMRX YTD Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.