Notable Thursday Option Activity: NVDA, SKYT, SNOW

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in NVIDIA Corp (Symbol: NVDA), where a total volume of 2.4 million contracts has been traded thus far today, a contract volume which is representative of approximately 244.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 150.4% of NVDA's average daily trading volume over the past month, of 162.6 million shares. Especially high volume was seen for the $185 strike call option expiring August 08, 2025, with 203,034 contracts trading so far today, representing approximately 20.3 million underlying shares of NVDA. Below is a chart showing NVDA's trailing twelve month trading history, with the $185 strike highlighted in orange:

SkyWater Technology Inc (Symbol: SKYT) saw options trading volume of 9,548 contracts, representing approximately 954,800 underlying shares or approximately 150.2% of SKYT's average daily trading volume over the past month, of 635,825 shares. Particularly high volume was seen for the $12 strike call option expiring August 08, 2025, with 1,175 contracts trading so far today, representing approximately 117,500 underlying shares of SKYT. Below is a chart showing SKYT's trailing twelve month trading history, with the $12 strike highlighted in orange:

And Snowflake Inc (Symbol: SNOW) saw options trading volume of 45,563 contracts, representing approximately 4.6 million underlying shares or approximately 128.6% of SNOW's average daily trading volume over the past month, of 3.5 million shares. Particularly high volume was seen for the $215 strike call option expiring August 15, 2025, with 2,277 contracts trading so far today, representing approximately 227,700 underlying shares of SNOW. Below is a chart showing SNOW's trailing twelve month trading history, with the $215 strike highlighted in orange:

For the various different available expirations for NVDA options, SKYT options, or SNOW options, visit StockOptionsChannel.com.

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