Notable Friday Option Activity: AMBA, DD, PARR
In terms of options trading activity among constituents of the Russell 3000 Index, there was notable activity today at Ambarella, Inc. (Symbol: AMBA), where total volume of 1,986 contracts has been traded so far today, a volume of contracts that is representative of approximately 198,600 underlying shares (given that each contract represents 100 underlying shares). This number equates to 43.7% of AMBA’s average daily trading volume over the past month, or 454,940 shares. Particularly high volume was seen for the $87.50 strike call option expiring on February 17, 2023, with 200 contracts traded so far today, representing approximately 20,000 underlying shares of AMBA . Below is a chart showing AMBA’s past 12-month trading history, with the $87.50 strike highlighted in orange:
DuPont (ticker: DD) recorded options trading volume of 13,758 contracts, representing approximately 1.4 million underlying shares, or approximately 43.6% of DD’s average daily trading volume during the month last, or 3.2 million shares. Particularly high volume was seen for the $69 strike put option expiring March 3, 2023, with 4,630 contracts traded so far today, representing approximately 463,000 underlying DD shares. Below is a chart showing DD’s 12-month trading history, with the $69 strike highlighted in orange:
And Par Pacific Holdings Inc (Ticker: PARR) options are showing 3,201 contract volume so far today. This number of contracts represents approximately 320,100 underlying stocks, or 43% of PARR’s average daily trading volume over the past month, or 744,805 stocks. Particularly high volume was seen for the $30 strike call option expiring September 15, 2023, with 1,619 contracts traded so far today, representing approximately 161,900 underlying shares of PARR. Below is a chart showing PARR’s trading history over the last twelve months, with the $30 strike highlighted in orange:
For the different expirations available for AMBA options, DD options or PARR options, visit StockOptionsChannel.com.
• Average annual return ADIL
• PEMF options chain
• FCFS Split History
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