Surge in Options Trading: Wayfair, Fluor, and RH at Center Stage
Analysis of options trading showcases significant activity in several companies within the Russell 3000 index, particularly Wayfair, Fluor, and RH.
Wayfair Inc (Symbol: W) has experienced remarkable options trading, with 47,893 contracts exchanged today. This volume translates to around 4.8 million shares, equating to 91.5% of W’s average daily trading volume of 5.2 million shares over the past month. Notably, the $45 strike call option set to expire on December 20, 2024, has garnered attention, with 3,502 contracts trading, representing approximately 350,200 underlying shares. The chart below illustrates W’s trading history over the past year, highlighting the $45 strike in orange:
Fluor Corp. (Symbol: FLR) also saw significant options activity today, with a total of 16,248 contracts traded. This count accounts for roughly 1.6 million shares, or about 87.5% of FLR’s average daily trading volume of 1.9 million shares. The $57.50 strike call option set to expire on November 15, 2024, stood out, with 5,771 contracts traded, representing approximately 577,100 underlying FLR shares. Below is FLR’s trading history over the past twelve months, featuring the $57.50 strike highlighted in orange:
Meanwhile, RH (Symbol: RH) reported options trading volume of 5,291 contracts today, translating to about 529,100 underlying shares, which constitutes approximately 87% of RH’s average daily trading volume of 607,855 shares. A notable $330 strike call option, expiring on November 08, 2024, saw 596 contracts traded, representing approximately 59,600 underlying shares. The following chart displays RH’s trading history from the past twelve months, with the $330 strike highlighted:
For further details regarding available options expirations for W, FLR, or RH, please visit StockOptionsChannel.com.
Explore Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Mortgage REITs Hedge Funds Are Buying
- Funds Holding USAK
- Funds Holding LKOR
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
