Notable Thursday Option Activity: GM, GOOGL, BYON

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in General Motors Co (Symbol: GM), where a total volume of 55,119 contracts has been traded thus far today, a contract volume which is representative of approximately 5.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.1% of GM's average daily trading volume over the past month, of 12.5 million shares. Particularly high volume was seen for the $46.50 strike call option expiring June 14, 2024, with 12,005 contracts trading so far today, representing approximately 1.2 million underlying shares of GM. Below is a chart showing GM's trailing twelve month trading history, with the $46.50 strike highlighted in orange:

Alphabet Inc (Symbol: GOOGL) options are showing a volume of 102,345 contracts thus far today. That number of contracts represents approximately 10.2 million underlying shares, working out to a sizeable 43.1% of GOOGL's average daily trading volume over the past month, of 23.7 million shares. Particularly high volume was seen for the $177.50 strike call option expiring June 07, 2024, with 11,656 contracts trading so far today, representing approximately 1.2 million underlying shares of GOOGL. Below is a chart showing GOOGL's trailing twelve month trading history, with the $177.50 strike highlighted in orange:

And Beyond Inc (Symbol: BYON) saw options trading volume of 8,824 contracts, representing approximately 882,400 underlying shares or approximately 42.9% of BYON's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $20 strike call option expiring June 21, 2024, with 1,223 contracts trading so far today, representing approximately 122,300 underlying shares of BYON. Below is a chart showing BYON's trailing twelve month trading history, with the $20 strike highlighted in orange:

For the various different available expirations for GM options, GOOGL options, or BYON options, visit StockOptionsChannel.com.

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

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