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21 June
Noteworthy Friday Option Activity: ENPH, RILY, TGT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Enphase Energy Inc. (Symbol: ENPH), where a total volume of 46,960 contracts has been traded thus far today, a contract volume which is representative of approximately 4.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 115.1% of ENPH's average daily trading volume over the past month, of 4.1 million shares. Especially high volume was seen for the $103 strike put option expiring June 28, 2024, with 4,690 contracts trading so far today, representing approximately 469,000 underlying shares of ENPH. Below is a chart showing ENPH's trailing twelve month trading history, with the $103 strike highlighted in orange:

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B. Riley Financial Inc (Symbol: RILY) saw options trading volume of 8,332 contracts, representing approximately 833,200 underlying shares or approximately 109.3% of RILY's average daily trading volume over the past month, of 762,505 shares. Particularly high volume was seen for the $21 strike call option expiring June 28, 2024, with 2,216 contracts trading so far today, representing approximately 221,600 underlying shares of RILY. Below is a chart showing RILY's trailing twelve month trading history, with the $21 strike highlighted in orange:

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And Target Corp (Symbol: TGT) options are showing a volume of 48,458 contracts thus far today. That number of contracts represents approximately 4.8 million underlying shares, working out to a sizeable 97.7% of TGT's average daily trading volume over the past month, of 5.0 million shares. Especially high volume was seen for the $147 strike call option expiring June 21, 2024, with 13,506 contracts trading so far today, representing approximately 1.4 million underlying shares of TGT. Below is a chart showing TGT's trailing twelve month trading history, with the $147 strike highlighted in orange:

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For the various different available expirations for ENPH options, RILY options, or TGT options, visit StockOptionsChannel.com.

Also see:

Preferred Stock List
NCI YTD Return
GCOM Historical Stock Prices

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