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01 February
Noteworthy Thursday Option Activity: CPRI, PARAA, ORA

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Capri Holdings Ltd (Symbol: CPRI), where a total of 15,216 contracts have traded so far, representing approximately 1.5 million underlying shares. That amounts to about 139.3% of CPRI's average daily trading volume over the past month of 1.1 million shares. Especially high volume was seen for the $55 strike call option expiring June 21, 2024, with 3,281 contracts trading so far today, representing approximately 328,100 underlying shares of CPRI. Below is a chart showing CPRI's trailing twelve month trading history, with the $55 strike highlighted in orange:

Paramount Global - Class A (Symbol: PARAA) options are showing a volume of 1,050 contracts thus far today. That number of contracts represents approximately 105,000 underlying shares, working out to a sizeable 136.8% of PARAA's average daily trading volume over the past month, of 76,770 shares. Especially high volume was seen for the $22.50 strike call option expiring August 16, 2024, with 459 contracts trading so far today, representing approximately 45,900 underlying shares of PARAA. Below is a chart showing PARAA's trailing twelve month trading history, with the $22.50 strike highlighted in orange:

And Ormat Technologies Inc (Symbol: ORA) saw options trading volume of 5,776 contracts, representing approximately 577,600 underlying shares or approximately 122.8% of ORA's average daily trading volume over the past month, of 470,320 shares. Especially high volume was seen for the $45 strike put option expiring September 20, 2024, with 3,800 contracts trading so far today, representing approximately 380,000 underlying shares of ORA. Below is a chart showing ORA's trailing twelve month trading history, with the $45 strike highlighted in orange:

For the various different available expirations for CPRI options, PARAA options, or ORA options, visit StockOptionsChannel.com.

Also see:

Institutional Holders of PSTG
ACT Dividend History
Top Ten Hedge Funds Holding JANW

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