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08 February
Notable Thursday Option Activity: HUBS, RRR, VKTX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in HubSpot Inc (Symbol: HUBS), where a total volume of 2,659 contracts has been traded thus far today, a contract volume which is representative of approximately 265,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 73.2% of HUBS's average daily trading volume over the past month, of 363,370 shares. Especially high volume was seen for the $540 strike put option expiring February 16, 2024, with 353 contracts trading so far today, representing approximately 35,300 underlying shares of HUBS. Below is a chart showing HUBS's trailing twelve month trading history, with the $540 strike highlighted in orange:

Red Rock Resorts Inc (Symbol: RRR) options are showing a volume of 2,533 contracts thus far today. That number of contracts represents approximately 253,300 underlying shares, working out to a sizeable 72.7% of RRR's average daily trading volume over the past month, of 348,545 shares. Especially high volume was seen for the $50 strike put option expiring March 15, 2024, with 1,201 contracts trading so far today, representing approximately 120,100 underlying shares of RRR. Below is a chart showing RRR's trailing twelve month trading history, with the $50 strike highlighted in orange:

And Viking Therapeutics Inc (Symbol: VKTX) options are showing a volume of 19,844 contracts thus far today. That number of contracts represents approximately 2.0 million underlying shares, working out to a sizeable 71.7% of VKTX's average daily trading volume over the past month, of 2.8 million shares. Especially high volume was seen for the $30 strike call option expiring February 16, 2024, with 2,485 contracts trading so far today, representing approximately 248,500 underlying shares of VKTX. Below is a chart showing VKTX's trailing twelve month trading history, with the $30 strike highlighted in orange:

For the various different available expirations for HUBS options, RRR options, or VKTX options, visit StockOptionsChannel.com.

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