Notable Friday Option Activity: ANET, SPOT, SNPS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Arista Networks Inc (Symbol: ANET), where a total volume of 11,470 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.7% of ANET's average daily trading volume over the past month, of 2.4 million shares. Particularly high volume was seen for the $310 strike call option expiring April 19, 2024, with 770 contracts trading so far today, representing approximately 77,000 underlying shares of ANET. Below is a chart showing ANET's trailing twelve month trading history, with the $310 strike highlighted in orange:

Spotify Technology SA (Symbol: SPOT) saw options trading volume of 8,259 contracts, representing approximately 825,900 underlying shares or approximately 46.8% of SPOT's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $260 strike call option expiring April 19, 2024, with 400 contracts trading so far today, representing approximately 40,000 underlying shares of SPOT. Below is a chart showing SPOT's trailing twelve month trading history, with the $260 strike highlighted in orange:

And Synopsys Inc (Symbol: SNPS) saw options trading volume of 4,812 contracts, representing approximately 481,200 underlying shares or approximately 46.4% of SNPS's average daily trading volume over the past month, of 1.0 million shares. Especially high volume was seen for the $550 strike put option expiring March 15, 2024, with 1,014 contracts trading so far today, representing approximately 101,400 underlying shares of SNPS. Below is a chart showing SNPS's trailing twelve month trading history, with the $550 strike highlighted in orange:

For the various different available expirations for ANET options, SPOT options, or SNPS options, visit StockOptionsChannel.com.

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

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