Noteworthy Wednesday Option Activity: NVDA, GME, WW
Stock Options Channel Staff - Wednesday, February 28, 4:18 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in NVIDIA Corp (NVDA), where a total of 884,781 contracts have traded so far, representing approximately 88.5 million underlying shares. That amounts to about 160.3% of NVDA's average daily trading volume over the past month of 55.2 million shares. Particularly high volume was seen for the $800 strike call option expiring March 01, 2024, with 40,970 contracts trading so far today, representing approximately 4.1 million underlying shares of NVDA. Below is a chart showing NVDA's trailing twelve month trading history, with the $800 strike highlighted in orange:
GameStop Corp (GME) saw options trading volume of 39,872 contracts, representing approximately 4.0 million underlying shares or approximately 151.3% of GME's average daily trading volume over the past month, of 2.6 million shares.
Particularly high volume was seen for the $14.50 strike call option expiring March 01, 2024, with 9,551 contracts trading so far today, representing approximately 955,100 underlying shares of GME. Below is a chart showing GME's trailing twelve month trading history, with the $14.50 strike highlighted in orange:
And WW International Inc (WW) options are showing a volume of 59,919 contracts thus far today. That number of contracts represents approximately 6.0 million underlying shares, working out to a sizeable 132.4% of WW's average daily trading volume over the past month, of 4.5 million shares.
Especially high volume was seen for the $4.50 strike call option expiring March 08, 2024, with 13,295 contracts trading so far today, representing approximately 1.3 million underlying shares of WW. Below is a chart showing WW's trailing twelve month trading history, with the $4.50 strike highlighted in orange:
For the various different available expirations for NVDA options, GME options, or WW options, visit StockOptionsChannel.com.