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28 June
Noteworthy Friday Option Activity: AI, IAC, FIZZ

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in C3.ai Inc (Symbol: AI), where a total volume of 65,543 contracts has been traded thus far today, a contract volume which is representative of approximately 6.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 86.3% of AI's average daily trading volume over the past month, of 7.6 million shares. Particularly high volume was seen for the $29.50 strike call option expiring July 05, 2024, with 17,397 contracts trading so far today, representing approximately 1.7 million underlying shares of AI. Below is a chart showing AI's trailing twelve month trading history, with the $29.50 strike highlighted in orange:

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Iac Inc (Symbol: IAC) saw options trading volume of 4,745 contracts, representing approximately 474,500 underlying shares or approximately 83.5% of IAC's average daily trading volume over the past month, of 568,030 shares. Particularly high volume was seen for the $45 strike put option expiring August 16, 2024, with 2,261 contracts trading so far today, representing approximately 226,100 underlying shares of IAC. Below is a chart showing IAC's trailing twelve month trading history, with the $45 strike highlighted in orange:

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And National Beverage Corp. (Symbol: FIZZ) options are showing a volume of 1,791 contracts thus far today. That number of contracts represents approximately 179,100 underlying shares, working out to a sizeable 77.3% of FIZZ's average daily trading volume over the past month, of 231,715 shares. Particularly high volume was seen for the $46.75 strike put option expiring July 19, 2024, with 1,399 contracts trading so far today, representing approximately 139,900 underlying shares of FIZZ. Below is a chart showing FIZZ's trailing twelve month trading history, with the $46.75 strike highlighted in orange:

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For the various different available expirations for AI options, IAC options, or FIZZ 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.