News

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CloudFlare Inc (Symbol: NET), where a total volume of 29,651 contracts has been traded thus far today, a contract volume which is representative of approximately 3.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78% of NET's average daily trading volume over the past month, of 3.8 million shares. Especially high volume was seen for the $86 strike call option expiring July 12, 2024, with 4,257 contracts trading so far today, representing approximately 425,700 underlying shares of NET. Below is a chart showing NET's trailing twelve month trading history, with the $86 strike highlighted in orange:

The Charles Schwab Corporation (Symbol: SCHW) saw options trading volume of 36,870 contracts, representing approximately 3.7 million underlying shares or approximately 60.4% of SCHW's average daily trading volume over the past month, of 6.1 million shares. Especially high volume was seen for the $82.50 strike call option expiring July 19, 2024, with 18,000 contracts trading so far today, representing approximately 1.8 million underlying shares of SCHW. Below is a chart showing SCHW's trailing twelve month trading history, with the $82.50 strike highlighted in orange:

And Jefferies Group Inc. (Symbol: JEF) saw options trading volume of 5,571 contracts, representing approximately 557,100 underlying shares or approximately 52.6% of JEF's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $47.50 strike call option expiring July 19, 2024, with 1,991 contracts trading so far today, representing approximately 199,100 underlying shares of JEF. Below is a chart showing JEF's trailing twelve month trading history, with the $47.50 strike highlighted in orange:

For the various different available expirations for NET options, SCHW options, or JEF options, visit StockOptionsChannel.com.

Also see:

Entertainment Dividend Stocks
Top Ten Hedge Funds Holding AOHY
ORN Stock Predictions

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