Notable Friday Option Activity: C, NET, GIC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Citigroup Inc (Symbol: C), where a total volume of 69,434 contracts has been traded thus far today, a contract volume which is representative of approximately 6.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.1% of C's average daily trading volume over the past month, of 15.1 million shares. Especially high volume was seen for the $56 strike call option expiring March 01, 2024, with 15,428 contracts trading so far today, representing approximately 1.5 million underlying shares of C. Below is a chart showing C's trailing twelve month trading history, with the $56 strike highlighted in orange:

CloudFlare Inc (Symbol: NET) options are showing a volume of 29,876 contracts thus far today. That number of contracts represents approximately 3.0 million underlying shares, working out to a sizeable 46% of NET's average daily trading volume over the past month, of 6.5 million shares. Particularly high volume was seen for the $98 strike put option expiring March 01, 2024, with 2,566 contracts trading so far today, representing approximately 256,600 underlying shares of NET. Below is a chart showing NET's trailing twelve month trading history, with the $98 strike highlighted in orange:

And Global Industrial Company (Symbol: GIC) options are showing a volume of 250 contracts thus far today. That number of contracts represents approximately 25,000 underlying shares, working out to a sizeable 45.7% of GIC's average daily trading volume over the past month, of 54,650 shares. Especially high volume was seen for the $17.50 strike put option expiring March 15, 2024, with 111 contracts trading so far today, representing approximately 11,100 underlying shares of GIC. Below is a chart showing GIC's trailing twelve month trading history, with the $17.50 strike highlighted in orange:

For the various different available expirations for C options, NET options, or GIC options, visit StockOptionsChannel.com.

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

Also see:

• KB Split History
• IYM Average Annual Return
• ETFs Holding DVN

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