Notable Monday Option Activity: WOLF, FIVN, AVGO

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Wolfspeed Inc (Symbol: WOLF), where a total volume of 153,746 contracts has been traded thus far today, a contract volume which is representative of approximately 15.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.6% of WOLF's average daily trading volume over the past month, of 33.7 million shares. Especially high volume was seen for the $2 strike put option expiring May 30, 2025, with 20,323 contracts trading so far today, representing approximately 2.0 million underlying shares of WOLF. Below is a chart showing WOLF's trailing twelve month trading history, with the $2 strike highlighted in orange:

Five9, Inc (Symbol: FIVN) saw options trading volume of 9,235 contracts, representing approximately 923,500 underlying shares or approximately 45.3% of FIVN's average daily trading volume over the past month, of 2.0 million shares. Especially high volume was seen for the $22.50 strike put option expiring July 18, 2025, with 9,011 contracts trading so far today, representing approximately 901,100 underlying shares of FIVN. Below is a chart showing FIVN's trailing twelve month trading history, with the $22.50 strike highlighted in orange:

And Broadcom Inc (Symbol: AVGO) options are showing a volume of 92,545 contracts thus far today. That number of contracts represents approximately 9.3 million underlying shares, working out to a sizeable 45.2% of AVGO's average daily trading volume over the past month, of 20.5 million shares. Particularly high volume was seen for the $230 strike call option expiring May 23, 2025, with 3,584 contracts trading so far today, representing approximately 358,400 underlying shares of AVGO. Below is a chart showing AVGO's trailing twelve month trading history, with the $230 strike highlighted in orange:

For the various different available expirations for WOLF options, FIVN options, or AVGO options, visit StockOptionsChannel.com.

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

Also see:

• ACWV shares outstanding history
• Top Ten Hedge Funds Holding GI
• LQDT 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.