Notable Friday Option Activity: ENPH, PNM, PIPR


IIn terms of options trading activity among constituents of the Russell 3000 Index, there was notable activity today at Enphase Energy Inc. (Symbol: ENPH), where total volume of 11,976 contracts has been traded so far today, a volume of contracts which is representative of approximately 1.2 million underlying shares (given that each contract represents 100 underlying shares). This number equates to 49% of ENPH’s average daily trading volume over the past month, or 2.4 million shares. Particularly high volume was seen for the $350 strike call option expiring on January 20, 2023, with 561 contracts traded so far today, representing approximately 56,100 underlying ENPH shares. Below is a chart showing ENPH’s last twelve months trading history, with the $350 strike highlighted in orange:

PNM Resources Inc (Symbol: PNM) recorded options trading volume of 3,372 contracts, representing approximately 337,200 underlying stocks or approximately 46.9% of PNM’s average daily trading volume over the past month, i.e. 719,465 shares. Particularly high volume was seen for the $50 strike call option expiring on August 19, 2022, with 2,376 contracts traded so far today, representing approximately 237,600 underlying shares of PNM. Below is a chart showing PNM’s trading history over the last twelve months, with the $50 strike highlighted in orange:

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And Piper Sandler Companies (Symbol: PIPR) options are showing 676 contracts volume so far today. This number of contracts represents approximately 67,600 underlying stocks, or 46.9% of PIPR’s average daily trading volume over the past month, or 144,045 stocks. Particularly high volume was seen for the $125 strike call option expiring May 20, 2022, with 608 contracts traded so far today, representing approximately 60,800 underlying shares of PIPR. Below is a chart showing PIPR’s trading history over the last twelve months, with the $125 strike highlighted in orange:

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For the different expirations available for ENPH options, PNM options or PIPR options, visit StockOptionsChannel.com.

Most active call and put options on the S&P 500 today ยป

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