Notable Thursday Option Activity: QS, CVNA, PRAX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in QuantumScape Corp (Symbol: QS), where a total volume of 178,153 contracts has been traded thus far today, a contract volume which is representative of approximately 17.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 333.1% of QS's average daily trading volume over the past month, of 5.3 million shares. Particularly high volume was seen for the $7 strike call option expiring July 19, 2024, with 15,011 contracts trading so far today, representing approximately 1.5 million underlying shares of QS. Below is a chart showing QS's trailing twelve month trading history, with the $7 strike highlighted in orange:

Carvana Co (Symbol: CVNA) options are showing a volume of 59,915 contracts thus far today. That number of contracts represents approximately 6.0 million underlying shares, working out to a sizeable 120.9% of CVNA's average daily trading volume over the past month, of 5.0 million shares. Especially high volume was seen for the $130 strike call option expiring July 19, 2024, with 5,543 contracts trading so far today, representing approximately 554,300 underlying shares of CVNA. Below is a chart showing CVNA's trailing twelve month trading history, with the $130 strike highlighted in orange:

And Praxis Precision Medicines Inc (Symbol: PRAX) options are showing a volume of 6,186 contracts thus far today. That number of contracts represents approximately 618,600 underlying shares, working out to a sizeable 111% of PRAX's average daily trading volume over the past month, of 557,120 shares. Particularly high volume was seen for the $55 strike call option expiring July 19, 2024, with 1,002 contracts trading so far today, representing approximately 100,200 underlying shares of PRAX. Below is a chart showing PRAX's trailing twelve month trading history, with the $55 strike highlighted in orange:

For the various different available expirations for QS options, CVNA options, or PRAX options, visit StockOptionsChannel.com.

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

Also see:

• SPGI Dividend History
• M and T Bank Average Annual Return
• CTRE Next Dividend Date

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