Notable Thursday Option Activity: WBD, NFE, PYPL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Warner Bros Discovery Inc (Symbol: WBD), where a total volume of 141,118 contracts has been traded thus far today, a contract volume which is representative of approximately 14.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.6% of WBD's average daily trading volume over the past month, of 26.8 million shares. Particularly high volume was seen for the $12.50 strike call option expiring October 18, 2024, with 41,456 contracts trading so far today, representing approximately 4.1 million underlying shares of WBD. Below is a chart showing WBD's trailing twelve month trading history, with the $12.50 strike highlighted in orange:

New Fortress Energy Inc (Symbol: NFE) saw options trading volume of 13,322 contracts, representing approximately 1.3 million underlying shares or approximately 52.6% of NFE's average daily trading volume over the past month, of 2.5 million shares. Especially high volume was seen for the $22 strike call option expiring July 19, 2024, with 2,033 contracts trading so far today, representing approximately 203,300 underlying shares of NFE. Below is a chart showing NFE's trailing twelve month trading history, with the $22 strike highlighted in orange:

And PayPal Holdings Inc (Symbol: PYPL) saw options trading volume of 60,494 contracts, representing approximately 6.0 million underlying shares or approximately 51.1% of PYPL's average daily trading volume over the past month, of 11.8 million shares. Especially high volume was seen for the $62 strike call option expiring July 19, 2024, with 5,217 contracts trading so far today, representing approximately 521,700 underlying shares of PYPL. Below is a chart showing PYPL's trailing twelve month trading history, with the $62 strike highlighted in orange:

For the various different available expirations for WBD options, NFE options, or PYPL options, visit StockOptionsChannel.com.

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

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