Surge in Options Trading: Expedia, Sweetgreen, and Paysafe Capture Attention
Expedia Group Sees Significant Options Activity
Looking at options trading among companies in the Russell 3000 index, Expedia Group Inc (Symbol: EXPE) stands out today. A total of 6,075 contracts have been traded, which means about 607,500 underlying shares have changed hands, as each contract corresponds to 100 shares. This volume represents 44.3% of EXPE’s average daily trading volume of 1.4 million shares over the past month.
A noteworthy trend emerged with the $170 strike put option, which is set to expire on January 31, 2025. So far today, 1,317 contracts have been traded, representing approximately 131,700 underlying shares of EXPE. Below is a chart illustrating EXPE’s trading history over the past twelve months, with the $170 strike option highlighted in orange:
Sweetgreen Sees a Spike in Options Trading Volume
Sweetgreen Inc (Symbol: SG) is also making waves in the options market today. The company has recorded a trading volume of 10,387 contracts, which approximates 1.0 million underlying shares. This figure accounts for a significant 44.2% of SG’s average daily trading volume of 2.4 million shares over the month.
The $25 strike put option, expiring on July 18, 2025, has particularly drawn attention, with 3,564 contracts traded so far, representing around 356,400 underlying SG shares. The chart below details SG’s twelve-month trading history, with the $25 strike highlighted:
Paysafe Ltd Experiences Increased Options Activity
Paysafe Ltd (Symbol: PSFE) has also seen a rise in options trading, with a total of 1,219 contracts exchanged today. This represents approximately 121,900 underlying shares, or about 44% of PSFE’s average daily trading volume of 277,250 shares in the past month.
Particularly high volume was observed for the $21 strike call option expiring on February 21, 2025. So far today, 570 contracts have been traded, which translates to approximately 57,000 underlying shares of PSFE. Below is a chart depicting PSFE’s trading history over the past twelve months, with the $21 strike highlighted:
For those interested in a range of available expirations for EXPE, SG, or PSFE options, visit StockOptionsChannel.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.