High Options Trading Volume Observed in Nvidia, NerdWallet, and Axon Enterprise
Today, notable options trading activity was recorded among the components of the Russell 3000 index, particularly in NVIDIA Corp (Symbol: NVDA). A total of 1.3 million contracts have traded, signifying around 132.4 million underlying shares. This represents approximately 47.3% of NVDA’s average daily trading volume of 280.1 million shares over the past month. The $114 strike call option, expiring on May 09, 2025, saw substantial activity with 75,850 contracts traded, equating to roughly 7.6 million underlying shares of NVDA. Below is a chart depicting NVDA’s trailing twelve-month trading history, with the $114 strike highlighted in orange:
NerdWallet Inc (Symbol: NRDS) also exhibited significant options trading, with a current volume of 1,918 contracts, representing approximately 191,800 underlying shares. This volume accounts for about 46.5% of NRDS’s average daily trading volume, which is 412,275 shares. The $12.50 strike call option, expiring June 20, 2025, has seen 613 contracts traded today, totaling approximately 61,300 underlying shares of NRDS. Below is a chart showing NRDS’s trailing twelve-month trading history, with the $12.50 strike highlighted in orange:
Meanwhile, Axon Enterprise Inc (Symbol: AXON) reported a trading volume of 2,494 contracts, which translates to roughly 249,400 underlying shares. This volume represents approximately 45.3% of AXON’s average daily trading volume of 550,865 shares over the last month. The $630 strike call option, expiring on May 16, 2025, showed significant activity with 280 contracts traded today, correlating to about 28,000 underlying shares of AXON. Below is a chart illustrating AXON’s trailing twelve-month trading history, with the $630 strike highlighted in orange:
For details on various expiration dates for NVDA, NRDS, or AXON options, please visit StockOptionsChannel.com.
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