Significant Thursday Options Trends in AI, LEU, and APPN

Published On: October 17, 2024 4:39 pm

Surge in Options Trading: C3.ai, Centrus Energy, and Appian Corp Stand Out

Explosive Activity for C3.ai Options

Among the components of the Russell 3000 index, C3.ai Inc (Symbol: AI) has experienced significant options trading today. So far, there have been 94,236 contracts traded, equivalent to about 9.4 million underlying shares. This trading volume represents 287.2% of AI’s average daily trading volume over the last month, which was 3.3 million shares. Notably, the $26.50 strike call option expiring on October 18, 2024, sees considerable activity, with 15,012 contracts traded, representing approximately 1.5 million underlying shares. Below is a chart illustrating AI’s trading history over the last twelve months, with the $26.50 strike highlighted in orange:

C3.ai Trading History

Centrus Energy Corp Shows Strong Option Volume

Centrus Energy Corp (Symbol: LEU) has also attracted attention with 12,854 contracts traded today, translating to around 1.3 million underlying shares. This figure is 195.1% of LEU’s average daily trading volume for the previous month, which stood at 658,845 shares. The $60 strike put option, expiring on January 17, 2025, has seen notable activity as well, with 1,268 contracts traded, amounting to approximately 126,800 underlying shares. A chart of LEU’s trading history is displayed below, with the $60 strike highlighted in orange:

Centrus Energy Trading History

Appian Corp’s Options Trading Volume Surges

Appian Corp (Symbol: APPN) reported a total of 6,332 contracts traded today, which corresponds to about 633,200 underlying shares. This represents 153.6% of APPN’s average daily trading volume over the past month, which was 412,300 shares. Significant activity was also noted for the $25 strike put option expiring on November 15, 2024, with 6,250 contracts traded, representing around 625,000 underlying shares. Below is a chart showing APPN’s trading history over the past year, with the $25 strike highlighted in orange:

Appian Trading History