Notable Friday Option Activity: BURL, CNX, LMND

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Burlington Stores Inc (Symbol: BURL), where a total volume of 7,851 contracts has been traded thus far today, a contract volume which is representative of approximately 785,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.9% of BURL's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $267.50 strike call option expiring December 19, 2025, with 1,751 contracts trading so far today, representing approximately 175,100 underlying shares of BURL. Below is a chart showing BURL's trailing twelve month trading history, with the $267.50 strike highlighted in orange:

CNX Resources Corp (Symbol: CNX) options are showing a volume of 8,923 contracts thus far today. That number of contracts represents approximately 892,300 underlying shares, working out to a sizeable 55.6% of CNX's average daily trading volume over the past month, of 1.6 million shares. Particularly high volume was seen for the $38 strike call option expiring January 16, 2026, with 8,019 contracts trading so far today, representing approximately 801,900 underlying shares of CNX. Below is a chart showing CNX's trailing twelve month trading history, with the $38 strike highlighted in orange:

And Lemonade Inc (Symbol: LMND) options are showing a volume of 15,004 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 54.8% of LMND's average daily trading volume over the past month, of 2.7 million shares. Especially high volume was seen for the $90 strike call option expiring December 19, 2025, with 2,466 contracts trading so far today, representing approximately 246,600 underlying shares of LMND. Below is a chart showing LMND's trailing twelve month trading history, with the $90 strike highlighted in orange:

For the various different available expirations for BURL options, CNX options, or LMND options, visit StockOptionsChannel.com.

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

Also see:

• Institutional Holders of ETN
• Top Ten Hedge Funds Holding AET
• MCC shares outstanding history

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