Significant Tuesday Options Trading: CAR, JPM, SOFI

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In notable options trading activity, Avis Budget Group Inc (Symbol: CAR) registered a total of 5,215 contracts today, equating to approximately 521,500 underlying shares. This represents about 54.5% of CAR’s average daily trading volume of 956,455 shares over the past month. The $140 strike put option expiring April 2, 2026, was particularly active, with 1,319 contracts trading, accounting for around 131,900 underlying shares.

Meanwhile, JPMorgan Chase & Co (Symbol: JPM) recorded 58,742 contracts, translating to approximately 5.9 million underlying shares, or 52.8% of its average daily volume of 11.1 million shares. The $295 strike call option expiring June 18, 2026, saw 4,354 contracts traded, which is approximately 435,400 underlying shares.

SoFi Technologies Inc (Symbol: SOFI) experienced an impressive options trading volume of 370,166 contracts, representing about 37 million underlying shares, or 52.8% of its average daily trading volume of 70.1 million shares. The $16 strike call option expiring April 2, 2026, stood out with 34,823 contracts traded, equating to around 3.5 million underlying shares.

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