Notable Tuesday Option Activity: FIVE, BIIB, SPOT


AAmong the underlying constituents of the Russell 3000 Index, we saw remarkable options trading volume today on Five Below Inc (Ticker: FIVE), where a total of 5,264 contracts were traded up to present, representing approximately 526,400 underlying shares. This equates to approximately 64.9% of FIVE’s average daily trading volume over the past month of 811,300 shares. Particularly high volume was seen for the $75 strike put option expiring on August 5, 2022, with 1,149 contracts traded so far today, representing approximately 114,900 underlying FIVE shares. Below is a chart showing FIVE’s trading history over the last twelve months, with the $75 strike highlighted in orange:

Biogen Inc (Symbol: BIIB) had options trading volume of 5,919 contracts, representing approximately 591,900 underlying stocks or approximately 59% of BIIB’s average daily trading volume over the past month, or 1. 0 million shares. Particularly high volume was seen for the $220 strike call option expiring on August 19, 2022, with 361 contracts traded so far today, representing approximately 36,100 underlying shares of BIIB. Below is a chart showing BIIB’s trading history over the last twelve months, with the $220 strike highlighted in orange:

Loading+Chart+—+2022+TickerTech.com

And the options of Spotify Technology SA (symbol: SPOT) show a volume of 10,625 contracts to date. This number of contracts represents approximately 1.1 million underlying shares, or 56.4% of SPOT’s average daily trading volume over the past month, or 1.9 million shares. Particularly high volume was seen for the $150 strike call option expiring August 5, 2022, with 635 contracts traded so far today, representing approximately 63,500 underlying SPOT shares. Below is a chart showing SPOT’s trading history over the last twelve months, with the strike price of $150 highlighted in orange:

Loading+Chart+—+2022+TickerTech.com

For the different expirations available for FIVE options, BIIB options or SPOT options, visit StockOptionsChannel.com.

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

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


nasdaq

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button