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17 April
Noteworthy Wednesday Option Activity: SMCI, FND, H

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Super Micro Computer Inc (Symbol: SMCI), where a total volume of 131,413 contracts has been traded thus far today, a contract volume which is representative of approximately 13.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 236% of SMCI's average daily trading volume over the past month, of 5.6 million shares. Especially high volume was seen for the $1000 strike call option expiring April 19, 2024, with 5,379 contracts trading so far today, representing approximately 537,900 underlying shares of SMCI. Below is a chart showing SMCI's trailing twelve month trading history, with the $1000 strike highlighted in orange:

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Floor & Decor Holdings Inc (Symbol: FND) options are showing a volume of 21,532 contracts thus far today. That number of contracts represents approximately 2.2 million underlying shares, working out to a sizeable 183.2% of FND's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $125 strike put option expiring April 19, 2024, with 6,800 contracts trading so far today, representing approximately 680,000 underlying shares of FND. Below is a chart showing FND's trailing twelve month trading history, with the $125 strike highlighted in orange:

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And Hyatt Hotels Corp (Symbol: H) saw options trading volume of 8,163 contracts, representing approximately 816,300 underlying shares or approximately 176.3% of H's average daily trading volume over the past month, of 463,015 shares. Particularly high volume was seen for the $150 strike call option expiring May 17, 2024, with 3,905 contracts trading so far today, representing approximately 390,500 underlying shares of H. Below is a chart showing H's trailing twelve month trading history, with the $150 strike highlighted in orange:

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For the various different available expirations for SMCI options, FND options, or H options, visit StockOptionsChannel.com.

Also see:

Top Ten Hedge Funds Holding FCRD
Institutional Holders of BITA
Top Ten Hedge Funds Holding EVGO

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