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25 June
Noteworthy Tuesday Option Activity: FDX, BMBL, CVNA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in FedEx Corp (Symbol: FDX), where a total volume of 71,343 contracts has been traded thus far today, a contract volume which is representative of approximately 7.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 508.4% of FDX's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $275 strike call option expiring June 28, 2024, with 3,878 contracts trading so far today, representing approximately 387,800 underlying shares of FDX. Below is a chart showing FDX's trailing twelve month trading history, with the $275 strike highlighted in orange:

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Bumble Inc (Symbol: BMBL) saw options trading volume of 89,748 contracts, representing approximately 9.0 million underlying shares or approximately 421% of BMBL's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $10 strike put option expiring July 19, 2024, with 44,354 contracts trading so far today, representing approximately 4.4 million underlying shares of BMBL. Below is a chart showing BMBL's trailing twelve month trading history, with the $10 strike highlighted in orange:

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And Carvana Co (Symbol: CVNA) options are showing a volume of 142,367 contracts thus far today. That number of contracts represents approximately 14.2 million underlying shares, working out to a sizeable 374.4% of CVNA's average daily trading volume over the past month, of 3.8 million shares. Particularly high volume was seen for the $120 strike call option expiring June 28, 2024, with 9,260 contracts trading so far today, representing approximately 926,000 underlying shares of CVNA. Below is a chart showing CVNA's trailing twelve month trading history, with the $120 strike highlighted in orange:

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For the various different available expirations for FDX options, BMBL options, or CVNA options, visit StockOptionsChannel.com.

Also see:

PACI shares outstanding history
UHAL Average Annual Return
APIC 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.