Active Options Trading Highlights in the Russell 3000 Index
Today, significant options trading activity has been observed in several companies within the Russell 3000 index. Noteworthy trades include Wingstop Inc, PENN Entertainment Inc, and NextDecade Corp, marking an eventful day for options traders.
Wingstop Inc Sees a Surge in Options Activity
For Wingstop Inc (Symbol: WING), traders have exchanged a total of 11,632 contracts today. This represents around 1.2 million underlying shares, which is approximately 304.4% of WING’s average daily volume of 382,090 shares over the last month. A highlight of today’s trading includes the $250 strike put option expiring on December 20, 2024, with 1,658 contracts traded, equating to about 165,800 underlying shares. The chart below reflects WING’s trading history over the past twelve months, with the $250 strike option marked in orange:
PENN Entertainment Inc’s Robust Options Trading
PENN Entertainment Inc (Symbol: PENN) recorded an impressive options trading volume of 68,677 contracts, translating to approximately 6.9 million underlying shares. This volume is about 250.8% higher than PENN’s average daily trading volume of 2.7 million shares. Notably, the $20 strike call option expiring on April 17, 2025, has seen 27,499 contracts traded, representing roughly 2.7 million underlying shares. The chart below highlights PENN’s trading history, with the $20 strike option indicated in orange:
NextDecade Corp Experiences Strong Options Activity
NextDecade Corp (Symbol: NEXT) observed a trading volume of 22,939 contracts today, amounting to about 2.3 million underlying shares. This figure represents roughly 207.3% of NEXT’s average daily trading volume of 1.1 million shares over the past month. The most active option was the $8 strike call option set to expire on January 17, 2025, with 16,486 contracts traded, corresponding to approximately 1.6 million underlying shares. The following chart displays NEXT’s trading history over the last twelve months, with the $8 strike highlighted in orange:
For information on various expirations of WING, PENN, or NEXT options, please visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Carl Icahn Stock Picks
- Institutional Holders of ENZ
- QLTY Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
