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22 July
Noteworthy Monday Option Activity: W, CAR, GOOG

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 18,573 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.7% of W's average daily trading volume over the past month, of 3.4 million shares. Especially high volume was seen for the $48 strike put option expiring July 26, 2024, with 5,079 contracts trading so far today, representing approximately 507,900 underlying shares of W. Below is a chart showing W's trailing twelve month trading history, with the $48 strike highlighted in orange:

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Avis Budget Group Inc (Symbol: CAR) options are showing a volume of 3,248 contracts thus far today. That number of contracts represents approximately 324,800 underlying shares, working out to a sizeable 54.3% of CAR's average daily trading volume over the past month, of 598,695 shares. Particularly high volume was seen for the $135 strike call option expiring August 09, 2024, with 1,022 contracts trading so far today, representing approximately 102,200 underlying shares of CAR. Below is a chart showing CAR's trailing twelve month trading history, with the $135 strike highlighted in orange:

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And Alphabet Inc (Symbol: GOOG) saw options trading volume of 88,095 contracts, representing approximately 8.8 million underlying shares or approximately 53% of GOOG's average daily trading volume over the past month, of 16.6 million shares. Especially high volume was seen for the $190 strike call option expiring July 26, 2024, with 5,875 contracts trading so far today, representing approximately 587,500 underlying shares of GOOG. Below is a chart showing GOOG's trailing twelve month trading history, with the $190 strike highlighted in orange:

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For the various different available expirations for W options, CAR options, or GOOG options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

Also see:

Institutional Holders of DSMC
BSTC Insider Buying
DPRX Price Target

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.