Options Trading Sees Significant Action in Etsy, Applovin, and Petco Today

Market Activity Overview: In today’s options trading, notable movements were observed in several companies within the Russell 3000 index, with Etsy, Applovin, and Petco standing out due to their trading volume.

Etsy Inc (Symbol: ETSY): Today, Etsy’s options trading volume hit 23,455 contracts, translating to about 2.3 million underlying shares. This figure represents around 68% of ETSY’s average daily trading volume for the past month, which is 3.5 million shares. A significant portion of the activity was attributed to the $55 strike put option set to expire on February 21, 2025, with 4,849 contracts traded. This equates to approximately 484,900 underlying shares. The chart below illustrates ETSY’s trailing twelve-month trading history, highlighting the $55 strike in orange:

Applovin Corp (Symbol: APP): Applovin experienced a total options trading volume of 52,258 contracts, corresponding to about 5.2 million underlying shares. This number accounts for roughly 66.2% of APP’s average daily trading volume of 7.9 million shares from the past month. Notable action included 3,643 contracts for the $400 strike call option, expiring December 13, 2024, representing approximately 364,300 underlying shares. Below is a chart detailing APP’s trading history over the last twelve months, with the highlighted $400 strike:

Petco Health & Wellness Co Inc (Symbol: WOOF): Options trading for Petco reached 19,748 contracts today, representing about 2.0 million underlying shares. This amount equals approximately 62% of WOOF’s average daily trading volume of 3.2 million shares seen over the past month. A considerable focus was on the $5.50 strike put option, which saw 5,810 contracts traded today, or about 581,000 underlying shares. The chart below provides a view of WOOF’s trading history over the last twelve months, highlighting the $5.50 strike:

For further details on available expirations for ETSY, APP, or WOOF options, visit StockOptionsChannel.com.

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