News

We provide the latest news
from the world of economics and finance

20 June
Noteworthy Thursday Option Activity: AI, AFRM, WOLF

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in C3.ai Inc (Symbol: AI), where a total volume of 51,831 contracts has been traded thus far today, a contract volume which is representative of approximately 5.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 63.7% of AI's average daily trading volume over the past month, of 8.1 million shares. Especially high volume was seen for the $32.50 strike call option expiring August 16, 2024, with 9,439 contracts trading so far today, representing approximately 943,900 underlying shares of AI. Below is a chart showing AI's trailing twelve month trading history, with the $32.50 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

Affirm Holdings Inc (Symbol: AFRM) options are showing a volume of 40,965 contracts thus far today. That number of contracts represents approximately 4.1 million underlying shares, working out to a sizeable 59.8% of AFRM's average daily trading volume over the past month, of 6.9 million shares. Particularly high volume was seen for the $30 strike put option expiring June 21, 2024, with 2,249 contracts trading so far today, representing approximately 224,900 underlying shares of AFRM. Below is a chart showing AFRM's trailing twelve month trading history, with the $30 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

And Wolfspeed Inc (Symbol: WOLF) saw options trading volume of 16,526 contracts, representing approximately 1.7 million underlying shares or approximately 59% of WOLF's average daily trading volume over the past month, of 2.8 million shares. Particularly high volume was seen for the $22.50 strike put option expiring July 19, 2024, with 2,996 contracts trading so far today, representing approximately 299,600 underlying shares of WOLF. Below is a chart showing WOLF's trailing twelve month trading history, with the $22.50 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for AI options, AFRM options, or WOLF options, visit StockOptionsChannel.com.

Also see:

Best Closed End Funds
JCE Dividend History
Institutional Holders of BBSC

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