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22 April
Noteworthy Monday Option Activity: HOOD, CPNG, CCK

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Robinhood Markets Inc (Symbol: HOOD), where a total volume of 55,954 contracts has been traded thus far today, a contract volume which is representative of approximately 5.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.9% of HOOD's average daily trading volume over the past month, of 12.8 million shares. Particularly high volume was seen for the $19 strike call option expiring April 26, 2024, with 5,095 contracts trading so far today, representing approximately 509,500 underlying shares of HOOD. Below is a chart showing HOOD's trailing twelve month trading history, with the $19 strike highlighted in orange:

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Coupang Inc (Symbol: CPNG) options are showing a volume of 67,769 contracts thus far today. That number of contracts represents approximately 6.8 million underlying shares, working out to a sizeable 43.4% of CPNG's average daily trading volume over the past month, of 15.6 million shares. Especially high volume was seen for the $23 strike call option expiring May 03, 2024, with 26,807 contracts trading so far today, representing approximately 2.7 million underlying shares of CPNG. Below is a chart showing CPNG's trailing twelve month trading history, with the $23 strike highlighted in orange:

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And Crown Holdings Inc (Symbol: CCK) options are showing a volume of 3,955 contracts thus far today. That number of contracts represents approximately 395,500 underlying shares, working out to a sizeable 42.9% of CCK's average daily trading volume over the past month, of 922,035 shares. Particularly high volume was seen for the $87.50 strike call option expiring May 17, 2024, with 3,802 contracts trading so far today, representing approximately 380,200 underlying shares of CCK. Below is a chart showing CCK's trailing twelve month trading history, with the $87.50 strike highlighted in orange:

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For the various different available expirations for HOOD options, CPNG options, or CCK options, visit StockOptionsChannel.com.

Also see:

LW Next Dividend Date
Funds Holding MLSS
PTF Historical Stock Prices

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