News

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

25 January
Noteworthy Thursday Option Activity: BMRN, CLB, PARA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in BioMarin Pharmaceutical Inc (Symbol: BMRN), where a total volume of 5,027 contracts has been traded thus far today, a contract volume which is representative of approximately 502,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.1% of BMRN's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $85 strike put option expiring February 16, 2024, with 3,878 contracts trading so far today, representing approximately 387,800 underlying shares of BMRN. Below is a chart showing BMRN's trailing twelve month trading history, with the $85 strike highlighted in orange:

Core Laboratories Inc (Symbol: CLB) options are showing a volume of 2,382 contracts thus far today. That number of contracts represents approximately 238,200 underlying shares, working out to a sizeable 45% of CLB's average daily trading volume over the past month, of 529,215 shares. Especially high volume was seen for the $25 strike call option expiring December 20, 2024, with 2,320 contracts trading so far today, representing approximately 232,000 underlying shares of CLB. Below is a chart showing CLB's trailing twelve month trading history, with the $25 strike highlighted in orange:

And Paramount Global (Symbol: PARA) options are showing a volume of 59,452 contracts thus far today. That number of contracts represents approximately 5.9 million underlying shares, working out to a sizeable 44.8% of PARA's average daily trading volume over the past month, of 13.3 million shares. Especially high volume was seen for the $13.50 strike put option expiring January 26, 2024, with 5,532 contracts trading so far today, representing approximately 553,200 underlying shares of PARA. Below is a chart showing PARA's trailing twelve month trading history, with the $13.50 strike highlighted in orange:

For the various different available expirations for BMRN options, CLB options, or PARA options, visit StockOptionsChannel.com.

Also see:

Top Stocks Held By Carl Icahn
ENPH Average Annual Return
HAFC Videos

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