Notable Thursday Option Activity: PEG, BTSG, ENPH

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Public Service Enterprise Group Inc (Symbol: PEG), where a total volume of 16,068 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.4% of PEG's average daily trading volume over the past month, of 2.7 million shares. Particularly high volume was seen for the $70 strike call option expiring June 21, 2024, with 7,361 contracts trading so far today, representing approximately 736,100 underlying shares of PEG. Below is a chart showing PEG's trailing twelve month trading history, with the $70 strike highlighted in orange:

BrightSpring Health Services Inc (Symbol: BTSG) saw options trading volume of 4,628 contracts, representing approximately 462,800 underlying shares or approximately 58.9% of BTSG's average daily trading volume over the past month, of 785,150 shares. Especially high volume was seen for the $15 strike call option expiring January 17, 2025, with 4,500 contracts trading so far today, representing approximately 450,000 underlying shares of BTSG. Below is a chart showing BTSG's trailing twelve month trading history, with the $15 strike highlighted in orange:

And Enphase Energy Inc. (Symbol: ENPH) options are showing a volume of 21,932 contracts thus far today. That number of contracts represents approximately 2.2 million underlying shares, working out to a sizeable 57.3% of ENPH's average daily trading volume over the past month, of 3.8 million shares. Especially high volume was seen for the $120 strike put option expiring June 07, 2024, with 1,949 contracts trading so far today, representing approximately 194,900 underlying shares of ENPH. Below is a chart showing ENPH's trailing twelve month trading history, with the $120 strike highlighted in orange:

For the various different available expirations for PEG options, BTSG options, or ENPH options, visit StockOptionsChannel.com.

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

Also see:

• YOU market cap history
• JD Price Target
• STN Price Target

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