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16 April
Noteworthy Tuesday Option Activity: LEN, KMT, CZR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lennar Corp (Symbol: LEN), where a total volume of 8,644 contracts has been traded thus far today, a contract volume which is representative of approximately 864,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.2% of LEN's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $149 strike put option expiring April 19, 2024, with 1,571 contracts trading so far today, representing approximately 157,100 underlying shares of LEN. Below is a chart showing LEN's trailing twelve month trading history, with the $149 strike highlighted in orange:

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Kennametal Inc. (Symbol: KMT) options are showing a volume of 2,001 contracts thus far today. That number of contracts represents approximately 200,100 underlying shares, working out to a sizeable 42.6% of KMT's average daily trading volume over the past month, of 469,880 shares. Especially high volume was seen for the $25 strike put option expiring April 19, 2024, with 1,000 contracts trading so far today, representing approximately 100,000 underlying shares of KMT. Below is a chart showing KMT's trailing twelve month trading history, with the $25 strike highlighted in orange:

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And Caesars Entertainment Inc (Symbol: CZR) saw options trading volume of 11,815 contracts, representing approximately 1.2 million underlying shares or approximately 42.1% of CZR's average daily trading volume over the past month, of 2.8 million shares. Especially high volume was seen for the $45 strike call option expiring September 20, 2024, with 5,166 contracts trading so far today, representing approximately 516,600 underlying shares of CZR. Below is a chart showing CZR's trailing twelve month trading history, with the $45 strike highlighted in orange:

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For the various different available expirations for LEN options, KMT options, or CZR options, visit StockOptionsChannel.com.

SNFCA Historical Earnings
Funds Holding SPG
TDV shares outstanding history

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