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16 July
Noteworthy Tuesday Option Activity: MARA, IBKR, SPOT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Marathon Digital Holdings Inc (Symbol: MARA), where a total volume of 367,986 contracts has been traded thus far today, a contract volume which is representative of approximately 36.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 80% of MARA's average daily trading volume over the past month, of 46.0 million shares. Especially high volume was seen for the $25 strike call option expiring July 19, 2024, with 26,721 contracts trading so far today, representing approximately 2.7 million underlying shares of MARA. Below is a chart showing MARA's trailing twelve month trading history, with the $25 strike highlighted in orange:

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Interactive Brokers Group Inc - Class A (Symbol: IBKR) options are showing a volume of 5,959 contracts thus far today. That number of contracts represents approximately 595,900 underlying shares, working out to a sizeable 78% of IBKR's average daily trading volume over the past month, of 763,875 shares. Particularly high volume was seen for the $130 strike call option expiring July 19, 2024, with 1,180 contracts trading so far today, representing approximately 118,000 underlying shares of IBKR. Below is a chart showing IBKR's trailing twelve month trading history, with the $130 strike highlighted in orange:

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And Spotify Technology SA (Symbol: SPOT) options are showing a volume of 11,320 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 72.2% of SPOT's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $330 strike call option expiring July 26, 2024, with 1,052 contracts trading so far today, representing approximately 105,200 underlying shares of SPOT. Below is a chart showing SPOT's trailing twelve month trading history, with the $330 strike highlighted in orange:

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For the various different available expirations for MARA options, IBKR options, or SPOT options, visit StockOptionsChannel.com.

Also see:

The Online Investor
PETV market cap history
Funds Holding BTCT

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