Notable Wednesday Option Activity: TIPT, SPOT, NYT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tiptree Inc (Symbol: TIPT), where a total volume of 940 contracts has been traded thus far today, a contract volume which is representative of approximately 94,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.8% of TIPT's average daily trading volume over the past month, of 200,795 shares. Particularly high volume was seen for the $30 strike call option expiring April 17, 2025, with 212 contracts trading so far today, representing approximately 21,200 underlying shares of TIPT. Below is a chart showing TIPT's trailing twelve month trading history, with the $30 strike highlighted in orange:

Spotify Technology SA (Symbol: SPOT) options are showing a volume of 13,013 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 45.9% of SPOT's average daily trading volume over the past month, of 2.8 million shares. Especially high volume was seen for the $650 strike put option expiring January 16, 2026, with 502 contracts trading so far today, representing approximately 50,200 underlying shares of SPOT. Below is a chart showing SPOT's trailing twelve month trading history, with the $650 strike highlighted in orange:

And New York Times Co. (Symbol: NYT) options are showing a volume of 9,219 contracts thus far today. That number of contracts represents approximately 921,900 underlying shares, working out to a sizeable 45.3% of NYT's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $45 strike put option expiring May 16, 2025, with 6,000 contracts trading so far today, representing approximately 600,000 underlying shares of NYT. Below is a chart showing NYT's trailing twelve month trading history, with the $45 strike highlighted in orange:

For the various different available expirations for TIPT options, SPOT options, or NYT options, visit StockOptionsChannel.com.

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

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