Notable Thursday Option Activity: Q, GXO, GEV
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Qnity Electronics Inc (Symbol: Q), where a total volume of 10,433 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.4% of Q's average daily trading volume over the past month, of 1.7 million shares. Particularly high volume was seen for the $90 strike put option expiring May 21, 2027, with 3,400 contracts trading so far today, representing approximately 340,000 underlying shares of Q. Below is a chart showing Q's trailing twelve month trading history, with the $90 strike highlighted in orange:
GXO Logistics Inc (Symbol: GXO) saw options trading volume of 7,212 contracts, representing approximately 721,200 underlying shares or approximately 60.9% of GXO's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $47.50 strike call option expiring November 20, 2026, with 5,167 contracts trading so far today, representing approximately 516,700 underlying shares of GXO. Below is a chart showing GXO's trailing twelve month trading history, with the $47.50 strike highlighted in orange:
And GE Vernova Inc (Symbol: GEV) saw options trading volume of 12,302 contracts, representing approximately 1.2 million underlying shares or approximately 60.9% of GEV's average daily trading volume over the past month, of 2.0 million shares. Especially high volume was seen for the $880 strike put option expiring September 11, 2026, with 376 contracts trading so far today, representing approximately 37,600 underlying shares of GEV. Below is a chart showing GEV's trailing twelve month trading history, with the $880 strike highlighted in orange:
For the various different available expirations for Q options, GXO options, or GEV options, visit StockOptionsChannel.com.
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