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12 July
Notable Friday Option Activity: AVGO, LCID, ITT

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Broadcom Inc (Symbol: AVGO), where a total of 97,110 contracts have traded so far, representing approximately 9.7 million underlying shares. That amounts to about 168.5% of AVGO's average daily trading volume over the past month of 5.8 million shares. Particularly high volume was seen for the $1750 strike call option expiring July 12, 2024, with 6,486 contracts trading so far today, representing approximately 648,600 underlying shares of AVGO. Below is a chart showing AVGO's trailing twelve month trading history, with the $1750 strike highlighted in orange:

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Lucid Group Inc (Symbol: LCID) saw options trading volume of 399,658 contracts, representing approximately 40.0 million underlying shares or approximately 152.3% of LCID's average daily trading volume over the past month, of 26.2 million shares. Particularly high volume was seen for the $4 strike call option expiring July 12, 2024, with 50,488 contracts trading so far today, representing approximately 5.0 million underlying shares of LCID. Below is a chart showing LCID's trailing twelve month trading history, with the $4 strike highlighted in orange:

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And ITT Inc (Symbol: ITT) options are showing a volume of 5,085 contracts thus far today. That number of contracts represents approximately 508,500 underlying shares, working out to a sizeable 148.6% of ITT's average daily trading volume over the past month, of 342,170 shares. Especially high volume was seen for the $135 strike call option expiring July 19, 2024, with 3,005 contracts trading so far today, representing approximately 300,500 underlying shares of ITT. Below is a chart showing ITT's trailing twelve month trading history, with the $135 strike highlighted in orange:

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For the various different available expirations for AVGO options, LCID options, or ITT options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

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