Surge in Options Trading: QuantumScape, Wave Life Sciences and International Game Technology Make Waves

QuantumScape Corp Sees Significant Volume in Options Trading

Looking at recent options trading within the Russell 3000 index, QuantumScape Corp (Symbol: QS) stands out. Today alone, a total of 91,775 contracts have been traded, translating to approximately 9.2 million underlying shares, since each contract represents 100 shares. This volume accounts for 74.2% of QS’s average daily trading volume over the past month, which is 12.4 million shares.

Notably, the $6 strike call option expiring on December 27, 2024, has attracted considerable attention, with 23,871 contracts traded today, equating to around 2.4 million underlying shares of QS. Below is a chart showcasing QS’s trading activity over the past twelve months, highlighting the $6 strike option in orange:

Wave Life Sciences Ltd Experiences High Options Trading Activity

Wave Life Sciences Ltd (Symbol: WVE) is also witnessing increased options trading, with 7,333 contracts exchanged today. This number represents approximately 733,300 underlying shares, or about 73.3% of WVE’s average daily volume of 1.0 million shares during the past month.

High trading volume was particularly noted for the $17.50 strike call option set to expire on December 20, 2024, with 4,803 contracts traded today, which corresponds to around 480,300 underlying shares of WVE. Below is a chart illustrating WVE’s trading history over the last twelve months, with the $17.50 strike option highlighted:

International Game Technology PLC Sees Robust Options Activity

International Game Technology PLC (Symbol: IGT) has reported a trading volume of 6,561 contracts today, reflecting approximately 656,100 underlying shares. This volume constitutes roughly 71% of IGT’s average daily trading volume of 924,350 shares over the past month.

A significant focus has been placed on the $18 strike call option expiring on December 20, 2024, which has seen 3,001 contracts traded today, amounting to about 300,100 underlying shares of IGT. Below is a chart detailing IGT’s trading trends for the last twelve months, with the $18 strike highlighted in orange:

For a comprehensive view of available options expirations for QS, WVE, or IGT, visit StockOptionsChannel.com.

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

Also see:

– Institutional Holders of JPMO
– Top Ten Hedge Funds Holding SVT
– AIRE market cap history

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