Finance
Noteworthy Monday Option Activity: GFF, ZM, BYND
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Griffon Corp. (Symbol: GFF), where a total volume of 15,795 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 312.2% of GFF’s average daily trading volume over the past month, of 505,895 shares. Particularly high volume was seen for the $35 strike put option expiring April 21, 2023, with 5,000 contracts trading so far today, representing approximately 500,000 underlying shares of GFF. Below is a chart showing GFF’s trailing twelve month trading history, with the $35 strike highlighted in orange:
Zoom Video Communications Inc (Symbol: ZM) options are showing a volume of 67,186 contracts thus far today. That number of contracts represents approximately 6.7 million underlying shares, working out to a sizeable 237.3% of ZM’s average daily trading volume over the past month, of 2.8 million shares.
Particularly high volume was seen for the $80 strike call option expiring February 17, 2023, with 6,941 contracts trading so far today, representing approximately 694,100 underlying shares of ZM. Below is a chart showing ZM’s trailing twelve month trading history, with the $80 strike highlighted in orange:
And Beyond Meat Inc (Symbol: BYND) saw options trading volume of 55,766 contracts, representing approximately 5.6 million underlying shares or approximately 228.3% of BYND’s average daily trading volume over the past month, of 2.4 million shares.
Particularly high volume was seen for the $18.50 strike call option expiring February 03, 2023, with 3,307 contracts trading so far today, representing approximately 330,700 underlying shares of BYND. Below is a chart showing BYND’s trailing twelve month trading history, with the $18.50 strike highlighted in orange:
For the various different available expirations for GFF options, ZM options, or BYND options, visit StockOptionsChannel.com.
Also see:
Institutional Holders of RERE
DNLI YTD Return
REXI Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.