News

We provide the latest news
from the world of economics and finance

22 April
Notable Monday Option Activity: W, QRVO, FSLR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Wayfair Inc (Symbol: W), where a total volume of 17,937 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.7% of W's average daily trading volume over the past month, of 3.8 million shares. Especially high volume was seen for the $55 strike call option expiring June 21, 2024, with 3,082 contracts trading so far today, representing approximately 308,200 underlying shares of W. Below is a chart showing W's trailing twelve month trading history, with the $55 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

Qorvo Inc (Symbol: QRVO) options are showing a volume of 4,542 contracts thus far today. That number of contracts represents approximately 454,200 underlying shares, working out to a sizeable 46.4% of QRVO's average daily trading volume over the past month, of 979,920 shares. Particularly high volume was seen for the $125 strike call option expiring May 17, 2024, with 2,783 contracts trading so far today, representing approximately 278,300 underlying shares of QRVO. Below is a chart showing QRVO's trailing twelve month trading history, with the $125 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

And First Solar Inc (Symbol: FSLR) saw options trading volume of 9,383 contracts, representing approximately 938,300 underlying shares or approximately 45.9% of FSLR's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $130 strike put option expiring July 19, 2024, with 384 contracts trading so far today, representing approximately 38,400 underlying shares of FSLR. Below is a chart showing FSLR's trailing twelve month trading history, with the $130 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for W options, QRVO options, or FSLR options, visit StockOptionsChannel.com.

FEUS Videos
SRDX shares outstanding history
DK 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.