Markets

Notable Friday Option Activity: BYND, INOV, SB

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Beyond Meat Inc (Symbol: BYND), where a total volume of 49,235 contracts has been traded thus far today, a contract volume which is representative of approximately 4.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 85.5% of BYND's average daily trading volume over the past month, of 5.8 million shares. Especially high volume was seen for the $129 strike call option expiring July 31, 2020, with 1,799 contracts trading so far today, representing approximately 179,900 underlying shares of BYND. Below is a chart showing BYND's trailing twelve month trading history, with the $129 strike highlighted in orange:

Loading+chart+—+2020+TickerTech.com

Inovalon Holdings Inc (Symbol: INOV) options are showing a volume of 2,726 contracts thus far today. That number of contracts represents approximately 272,600 underlying shares, working out to a sizeable 77% of INOV's average daily trading volume over the past month, of 354,145 shares. Particularly high volume was seen for the $25 strike call option expiring August 21, 2020, with 1,139 contracts trading so far today, representing approximately 113,900 underlying shares of INOV. Below is a chart showing INOV's trailing twelve month trading history, with the $25 strike highlighted in orange:

Loading+chart+—+2020+TickerTech.com

And Safe Bulkers Inc (Symbol: SB) saw options trading volume of 838 contracts, representing approximately 83,800 underlying shares or approximately 73.7% of SB's average daily trading volume over the past month, of 113,775 shares. Particularly high volume was seen for the $2.50 strike call option expiring January 15, 2021, with 838 contracts trading so far today, representing approximately 83,800 underlying shares of SB. Below is a chart showing SB's trailing twelve month trading history, with the $2.50 strike highlighted in orange:

Loading+chart+—+2020+TickerTech.com

For the various different available expirations for BYND options, INOV options, or SB options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

BYND SB

Other Topics

Stocks Options

Latest Markets Videos

BNK Invest

BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

Learn More