Russell 3000 Shows Surge in Options Trading: Key Movers for the Day

Investors are taking notice of heightened options trading activity within several companies listed on the Russell 3000 index. Today, three firms—Winnebago Industries, Inc., Cheniere Energy Inc., and Scholar Rock Holding Corp—are seeing significant movements.

Winnebago Industries (Symbol: WGO) Experiences High Volume

In Winnebago Industries, Inc. (Symbol: WGO), traders have exchanged a total of 6,236 contracts today. This volume translates to roughly 623,600 underlying shares since each contract represents 100 shares. Remarkably, this figure accounts for 71.4% of WGO’s average daily trading volume of 873,940 shares over the past month. Notably, the $60 strike call option set to expire on November 15, 2024, saw particularly high activity, with 2,500 contracts traded so far, representing around 250,000 underlying shares. The chart below illustrates WGO’s trading history over the past twelve months, with the $60 strike highlighted:

Cheniere Energy (Symbol: LNG) Shows Strong Options Activity

Cheniere Energy Inc. (Symbol: LNG) is not far behind, with options trading reaching 12,958 contracts today. This amount represents about 1.3 million underlying shares, comprising a sizeable 68.1% of LNG’s average daily trading volume of 1.9 million shares over the last month. The $200 strike put option set to expire on December 20, 2024, experienced particularly robust trading, with 7,634 contracts exchanged so far, equating to approximately 763,400 underlying shares. Below is a chart displaying LNG’s trading history for the past twelve months, with the $200 strike highlighted:

Scholar Rock Holding Corp (Symbol: SRRK) Sees Increased Contract Volume

Scholar Rock Holding Corp (Symbol: SRRK) also reflects robust trading, with 7,463 contracts exchanged today. This corresponds to approximately 746,300 underlying shares, or 66.6% of SRRK’s average daily trading volume of 1.1 million shares. High activity was noted in the $35 strike call option expiring on December 20, 2024, where 3,441 contracts have already traded today, representing around 344,100 underlying shares. Below is a chart of SRRK’s trading history over the past twelve months, with the $35 strike highlighted:

For further information on the available expiration options for WGO, LNG, or SRRK, visit StockOptionsChannel.com.

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

Also see:

• IOT Insider Buying
• Funds Holding SMHX
• STE MACD

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