Noteworthy Thursday Option Activity: AMBA, SQ, SCU
Stock Options Channel Staff - Thursday, January 12, 3:26 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Ambarella, Inc. (AMBA), where a total of 4,532 contracts have traded so far, representing approximately 453,200 underlying shares. That amounts to about 75% of AMBA's average daily trading volume over the past month of 604,525 shares. Especially high volume was seen for the $90 strike call option expiring January 20, 2023, with 2,396 contracts trading so far today, representing approximately 239,600 underlying shares of AMBA. Below is a chart showing AMBA's trailing twelve month trading history, with the $90 strike highlighted in orange:
Block Inc (SQ) options are showing a volume of 75,328 contracts thus far today. That number of contracts represents approximately 7.5 million underlying shares, working out to a sizeable 69.4% of SQ's average daily trading volume over the past month, of 10.9 million shares.
Especially high volume was seen for the $130 strike put option expiring January 20, 2023, with 5,136 contracts trading so far today, representing approximately 513,600 underlying shares of SQ. Below is a chart showing SQ's trailing twelve month trading history, with the $130 strike highlighted in orange:
And Sculptor Capital Management (SCU) options are showing a volume of 1,028 contracts thus far today. That number of contracts represents approximately 102,800 underlying shares, working out to a sizeable 63.7% of SCU's average daily trading volume over the past month, of 161,495 shares.
Especially high volume was seen for the $12.50 strike call option expiring March 17, 2023, with 1,000 contracts trading so far today, representing approximately 100,000 underlying shares of SCU. Below is a chart showing SCU's trailing twelve month trading history, with the $12.50 strike highlighted in orange:
For the various different available expirations for AMBA options, SQ options, or SCU options, visit StockOptionsChannel.com.