Notable Friday Option Activity: BYRN, APP, GWW

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Byrna Technologies Inc (Symbol: BYRN), where a total volume of 2,833 contracts has been traded thus far today, a contract volume which is representative of approximately 283,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.8% of BYRN's average daily trading volume over the past month, of 593,240 shares. Especially high volume was seen for the $35 strike call option expiring March 21, 2025, with 912 contracts trading so far today, representing approximately 91,200 underlying shares of BYRN. Below is a chart showing BYRN's trailing twelve month trading history, with the $35 strike highlighted in orange:

Applovin Corp (Symbol: APP) saw options trading volume of 27,900 contracts, representing approximately 2.8 million underlying shares or approximately 47.5% of APP's average daily trading volume over the past month, of 5.9 million shares. Especially high volume was seen for the $340 strike put option expiring January 10, 2025, with 3,121 contracts trading so far today, representing approximately 312,100 underlying shares of APP. Below is a chart showing APP's trailing twelve month trading history, with the $340 strike highlighted in orange:

And W.W. Grainger Inc. (Symbol: GWW) options are showing a volume of 1,145 contracts thus far today. That number of contracts represents approximately 114,500 underlying shares, working out to a sizeable 46.2% of GWW's average daily trading volume over the past month, of 247,585 shares. Especially high volume was seen for the $990 strike call option expiring January 17, 2025, with 500 contracts trading so far today, representing approximately 50,000 underlying shares of GWW. Below is a chart showing GWW's trailing twelve month trading history, with the $990 strike highlighted in orange:

For the various different available expirations for BYRN options, APP options, or GWW options, visit StockOptionsChannel.com.

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

Also see:

• Stocks with Recent Secondaries That Hedge Funds Are Buying
• Funds Holding MOTG
• Funds Holding HERD

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