CVNA

Notable Thursday Option Activity: CVNA, GME, WLK

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Carvana Co (Symbol: CVNA), where a total of 125,425 contracts have traded so far, representing approximately 12.5 million underlying shares. That amounts to about 224.2% of CVNA's average daily trading volume over the past month of 5.6 million shares. Especially high volume was seen for the $190 strike put option expiring March 21, 2025, with 25,234 contracts trading so far today, representing approximately 2.5 million underlying shares of CVNA. Below is a chart showing CVNA's trailing twelve month trading history, with the $190 strike highlighted in orange:

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GameStop Corp (Symbol: GME) options are showing a volume of 82,241 contracts thus far today. That number of contracts represents approximately 8.2 million underlying shares, working out to a sizeable 187% of GME's average daily trading volume over the past month, of 4.4 million shares. Especially high volume was seen for the $25 strike call option expiring March 21, 2025, with 7,297 contracts trading so far today, representing approximately 729,700 underlying shares of GME. Below is a chart showing GME's trailing twelve month trading history, with the $25 strike highlighted in orange:

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And Westlake Corp (Symbol: WLK) saw options trading volume of 12,408 contracts, representing approximately 1.2 million underlying shares or approximately 158.4% of WLK's average daily trading volume over the past month, of 783,320 shares. Particularly high volume was seen for the $100 strike put option expiring March 21, 2025, with 6,150 contracts trading so far today, representing approximately 615,000 underlying shares of WLK. Below is a chart showing WLK's trailing twelve month trading history, with the $100 strike highlighted in orange:

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For the various different available expirations for CVNA options, GME options, or WLK options, visit StockOptionsChannel.com.

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

Also see:
• Top Stocks Held By Jeremy Grantham
• Funds Holding QEPM
• Institutional Holders of CSFL

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

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