Notable Friday Option Activity: WDC, RUN, CENX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Western Digital Corp (Symbol: WDC), where a total volume of 20,833 contracts has been traded thus far today, a contract volume which is representative of approximately 2.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.4% of WDC's average daily trading volume over the past month, of 4.5 million shares. Particularly high volume was seen for the $85 strike call option expiring July 19, 2024, with 4,068 contracts trading so far today, representing approximately 406,800 underlying shares of WDC. Below is a chart showing WDC's trailing twelve month trading history, with the $85 strike highlighted in orange:

Sunrun Inc (Symbol: RUN) saw options trading volume of 60,627 contracts, representing approximately 6.1 million underlying shares or approximately 44.8% of RUN's average daily trading volume over the past month, of 13.5 million shares. Particularly high volume was seen for the $5 strike put option expiring January 17, 2025, with 5,754 contracts trading so far today, representing approximately 575,400 underlying shares of RUN. Below is a chart showing RUN's trailing twelve month trading history, with the $5 strike highlighted in orange:

And Century Aluminum Co. (Symbol: CENX) options are showing a volume of 6,852 contracts thus far today. That number of contracts represents approximately 685,200 underlying shares, working out to a sizeable 43.3% of CENX's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $21 strike call option expiring July 19, 2024, with 3,344 contracts trading so far today, representing approximately 334,400 underlying shares of CENX. Below is a chart showing CENX's trailing twelve month trading history, with the $21 strike highlighted in orange:

For the various different available expirations for WDC options, RUN options, or CENX options, visit StockOptionsChannel.com.

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• BKR Options Chain

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