Watch the Markets: Today’s Active Options Trading Highlights

Cleveland-Cliffs Leads the Way in Call Options Activity

Today, Cleveland-Cliffs Inc (Symbol: CLF) is seeing significant action in its options trading. So far, a total of 55,571 contracts have been exchanged, which translates to about 5.6 million underlying shares. This figure represents 46.9% of CLF’s average daily trading volume of 11.8 million shares over the last month. Notably, there was substantial interest in the $17 strike call option set to expire on November 15, 2024, with 8,337 contracts traded today, accounting for approximately 833,700 underlying shares of CLF. Below is a chart showing CLF’s trading history over the past twelve months, with the $17 strike highlighted in orange:

Trupanion’s Options Reveal Strong Volume

Trupanion Inc (Symbol: TRUP) is also experiencing notable trading activity today. Options volume has reached 2,675 contracts, equating to around 267,500 underlying shares. This figure represents 46.2% of TRUP’s average daily trading volume of 578,845 shares over the past month. The $60 strike put option, which expires on January 17, 2025, has attracted significant attention, with 998 contracts traded today, representing approximately 99,800 underlying shares of TRUP. Below is a chart illustrating TRUP’s trading activity over the past year, with the $60 strike highlighted in orange:

RH Options Show Active Trading Environment

Finally, RH (Symbol: RH) has also seen significant options trading, with a volume of 2,694 contracts thus far today, corresponding to approximately 269,400 underlying shares. This is 45.8% of RH’s average daily trading volume of 588,625 shares over the past month. The $360 strike call option expiring October 18, 2024, has gained attention, with 391 contracts traded today, representing about 39,100 underlying shares of RH. Below is a chart displaying RH’s trading history from the last twelve months, highlighting the $360 strike in orange:

You can explore further options expirations for CLF, TRUP, and RH by visiting StockOptionsChannel.com.

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

Also see:

• ETF Fund Flows
• Institutional Holders of XCUR
• CMG MACD

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