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19 April
Notable Friday Option Activity: TWLO, VRT, BMRN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Twilio Inc (Symbol: TWLO), where a total volume of 12,616 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.7% of TWLO's average daily trading volume over the past month, of 2.5 million shares. Particularly high volume was seen for the $62 strike call option expiring April 26, 2024, with 4,521 contracts trading so far today, representing approximately 452,100 underlying shares of TWLO. Below is a chart showing TWLO's trailing twelve month trading history, with the $62 strike highlighted in orange:

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Vertiv Holdings Co (Symbol: VRT) saw options trading volume of 37,831 contracts, representing approximately 3.8 million underlying shares or approximately 49.1% of VRT's average daily trading volume over the past month, of 7.7 million shares. Particularly high volume was seen for the $75 strike put option expiring April 19, 2024, with 3,491 contracts trading so far today, representing approximately 349,100 underlying shares of VRT. Below is a chart showing VRT's trailing twelve month trading history, with the $75 strike highlighted in orange:

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And BioMarin Pharmaceutical Inc (Symbol: BMRN) options are showing a volume of 6,463 contracts thus far today. That number of contracts represents approximately 646,300 underlying shares, working out to a sizeable 48.3% of BMRN's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $85 strike put option expiring May 17, 2024, with 1,526 contracts trading so far today, representing approximately 152,600 underlying shares of BMRN. Below is a chart showing BMRN's trailing twelve month trading history, with the $85 strike highlighted in orange:

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For the various different available expirations for TWLO options, VRT options, or BMRN 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.