Notable Tuesday Option Activity: SPCE, OKTA, APPS
Stock Options Channel Staff - Tuesday, June 22, 3:39 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Virgin Galactic Holdings Inc (SPCE), where a total of 162,930 contracts have traded so far, representing approximately 16.3 million underlying shares. That amounts to about 51.9% of SPCE's average daily trading volume over the past month of 31.4 million shares. Especially high volume was seen for the $40 strike call option expiring June 25, 2021, with 23,487 contracts trading so far today, representing approximately 2.3 million underlying shares of SPCE. Below is a chart showing SPCE's trailing twelve month trading history, with the $40 strike highlighted in orange:
Okta Inc (OKTA) options are showing a volume of 11,283 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 44.1% of OKTA's average daily trading volume over the past month, of 2.6 million shares.
Especially high volume was seen for the $210 strike put option expiring January 20, 2023, with 2,005 contracts trading so far today, representing approximately 200,500 underlying shares of OKTA. Below is a chart showing OKTA's trailing twelve month trading history, with the $210 strike highlighted in orange:
And Digital Turbine Inc (APPS) saw options trading volume of 12,682 contracts, representing approximately 1.3 million underlying shares or approximately 44% of APPS's average daily trading volume over the past month, of 2.9 million shares.
Especially high volume was seen for the $75 strike call option expiring July 02, 2021, with 599 contracts trading so far today, representing approximately 59,900 underlying shares of APPS. Below is a chart showing APPS's trailing twelve month trading history, with the $75 strike highlighted in orange:
For the various different available expirations for SPCE options, OKTA options, or APPS options, visit StockOptionsChannel.com.