Alaska Air, ServiceNow, and VF Corp. Experience Surge in Options Trading Today

Strong trader interest is evident in options for multiple companies including Alaska Air Group, ServiceNow, and VF Corp. A detailed look reveals significant contract volumes and highlights from the day’s trading activities.

Alaska Air Group Leads with Impressive Call Volume

Among the components of the Russell 3000 index, Alaska Air Group, Inc. (Symbol: ALK) saw remarkable options trading today. A total of 20,534 contracts have changed hands, equivalent to around 2.1 million underlying shares. This activity represents roughly 97.1% of ALK’s average daily trading volume over the past month of 2.1 million shares.

The $65 strike call option expiring April 17, 2025, stood out with 7,666 contracts traded, correlating to approximately 766,600 underlying shares of ALK. Below is a chart illustrating ALK’s trading history over the last twelve months, with the $65 strike option highlighted in orange:

ServiceNow Options Show Strong Activity

ServiceNow Inc (Symbol: NOW) also recorded significant options trading with a volume of 12,492 contracts, accounting for about 1.2 million underlying shares. This represents roughly 96.2% of NOW’s average daily trading volume over the previous month of 1.3 million shares.

High interest was particularly noted in the $1160 strike call option set to expire on December 13, 2024. Today, 1,186 contracts have traded, equating to about 118,600 underlying shares of NOW. Below is the chart depicting NOW’s trading history for the last twelve months, highlighting the $1160 strike in orange:

VF Corp. Reports Elevated Options Volume

Options activity for VF Corp. (Symbol: VFC) has also surged, with 37,472 contracts traded so far today. This figure represents approximately 3.7 million underlying shares and amounts to 75.5% of VFC’s average daily trading volume of 5.0 million shares over the past month.

The $22.50 strike call option expiring January 17, 2025, garnered specific attention, with 23,552 contracts traded today, equating to roughly 2.4 million underlying shares of VFC. Below is the chart displaying VFC’s twelve-month trading history, with the $22.50 strike highlighted in orange:

Explore Available Options for ALK, NOW, and VFC

For information on various available expirations for ALK, NOW, or VFC options, visit StockOptionsChannel.com.

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

Also see:

• Agricultural Chemicals Dividend Stocks
• CWI Videos
• BANX market cap history

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