Major Options Trading Activity in Affirm, Abercrombie & Fitch, and Rivian

Affirm Holdings Sees Significant Call Option Interest

Among the Russell 3000 index components, Affirm Holdings Inc (Symbol: AFRM) experienced significant options trading today. So far, 49,036 contracts have been traded, equating to approximately 4.9 million underlying shares. This figure represents about 57.1% of AFRM’s average daily trading volume of 8.6 million shares for the past month. The $75 strike call option, set to expire on January 17, 2025, attracted particular interest with 10,897 contracts traded today, reflecting around 1.1 million underlying shares of AFRM. Below is a chart illustrating AFRM’s trading history over the past year, highlighting the $75 strike in orange:

Abercrombie & Fitch Experiences Substantial Options Volume

Abercrombie & Fitch Co (Symbol: ANF) also saw notable options activity, with 9,200 contracts exchanged, which translates to approximately 920,000 underlying shares. This volume is about 56.9% of ANF’s average daily trading volume of 1.6 million shares over the past month. Among these, the $135 strike put option expiring on January 17, 2025, garnered attention with 1,301 contracts traded today, corresponding to approximately 130,100 underlying shares of ANF. Below is a chart showing ANF’s trading history over the last year, with the $135 strike highlighted in orange:

Rivian Automotive Marks High Options Trading Volume

Rivian Automotive Inc (Symbol: RIVN) experienced extensive options trading, totaling 169,096 contracts, equating to approximately 16.9 million underlying shares. This volume accounts for about 54.8% of RIVN’s average daily trading volume of 30.9 million shares over the past month. The $10.50 strike call option, which expires on October 25, 2024, was especially active, with 29,096 contracts traded today, representing roughly 2.9 million underlying shares of RIVN. Below is a chart depicting RIVN’s trading history from the past year, with the $10.50 strike highlighted in orange:

For various options expirations available for AFRM, ANF, or RIVN, visit StockOptionsChannel.com.

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