Notable Monday Option Activity: FGEN, NVAX, W
Stock Options Channel Staff - Monday, May 8, 3:21 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in FibroGen Inc (FGEN), where a total of 4,794 contracts have traded so far, representing approximately 479,400 underlying shares. That amounts to about 50.4% of FGEN's average daily trading volume over the past month of 951,245 shares. Particularly high volume was seen for the $12.50 strike put option expiring September 15, 2023, with 1,251 contracts trading so far today, representing approximately 125,100 underlying shares of FGEN. Below is a chart showing FGEN's trailing twelve month trading history, with the $12.50 strike highlighted in orange:
Novavax, Inc. (NVAX) saw options trading volume of 23,980 contracts, representing approximately 2.4 million underlying shares or approximately 49.4% of NVAX's average daily trading volume over the past month, of 4.9 million shares.
Particularly high volume was seen for the $5 strike put option expiring June 16, 2023, with 3,152 contracts trading so far today, representing approximately 315,200 underlying shares of NVAX. Below is a chart showing NVAX's trailing twelve month trading history, with the $5 strike highlighted in orange:
And Wayfair Inc (W) options are showing a volume of 22,608 contracts thus far today. That number of contracts represents approximately 2.3 million underlying shares, working out to a sizeable 47.7% of W's average daily trading volume over the past month, of 4.7 million shares.
Especially high volume was seen for the $70 strike call option expiring May 19, 2023, with 2,250 contracts trading so far today, representing approximately 225,000 underlying shares of W. Below is a chart showing W's trailing twelve month trading history, with the $70 strike highlighted in orange:
For the various different available expirations for FGEN options, NVAX options, or W options, visit StockOptionsChannel.com.