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26 June
Noteworthy Wednesday Option Activity: ALB, COIN, GTLB

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Albemarle Corp. (Symbol: ALB), where a total of 24,205 contracts have traded so far, representing approximately 2.4 million underlying shares. That amounts to about 80.7% of ALB's average daily trading volume over the past month of 3.0 million shares. Particularly high volume was seen for the $105 strike put option expiring July 05, 2024, with 2,724 contracts trading so far today, representing approximately 272,400 underlying shares of ALB. Below is a chart showing ALB's trailing twelve month trading history, with the $105 strike highlighted in orange:

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Coinbase Global Inc (Symbol: COIN) options are showing a volume of 70,568 contracts thus far today. That number of contracts represents approximately 7.1 million underlying shares, working out to a sizeable 80.3% of COIN's average daily trading volume over the past month, of 8.8 million shares. Particularly high volume was seen for the $230 strike call option expiring June 28, 2024, with 3,259 contracts trading so far today, representing approximately 325,900 underlying shares of COIN. Below is a chart showing COIN's trailing twelve month trading history, with the $230 strike highlighted in orange:

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And GitLab Inc (Symbol: GTLB) options are showing a volume of 25,227 contracts thus far today. That number of contracts represents approximately 2.5 million underlying shares, working out to a sizeable 73.9% of GTLB's average daily trading volume over the past month, of 3.4 million shares. Particularly high volume was seen for the $48 strike call option expiring June 28, 2024, with 3,298 contracts trading so far today, representing approximately 329,800 underlying shares of GTLB. Below is a chart showing GTLB's trailing twelve month trading history, with the $48 strike highlighted in orange:

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For the various different available expirations for ALB options, COIN options, or GTLB options, visit StockOptionsChannel.com.

Also see:

Oversold Canadian Stocks
Top 10 Hedge Funds Holding APA
Johnson Controls International RSI

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