Noteworthy Friday Option Activity: CVLT, U, SOUN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CommVault Systems Inc (Symbol: CVLT), where a total volume of 1,439 contracts has been traded thus far today, a contract volume which is representative of approximately 143,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.4% of CVLT's average daily trading volume over the past month, of 303,730 shares. Especially high volume was seen for the $165 strike put option expiring January 17, 2025, with 800 contracts trading so far today, representing approximately 80,000 underlying shares of CVLT. Below is a chart showing CVLT's trailing twelve month trading history, with the $165 strike highlighted in orange:

Unity Software Inc (Symbol: U) saw options trading volume of 62,538 contracts, representing approximately 6.3 million underlying shares or approximately 46.7% of U's average daily trading volume over the past month, of 13.4 million shares. Particularly high volume was seen for the $28 strike call option expiring December 13, 2024, with 3,200 contracts trading so far today, representing approximately 320,000 underlying shares of U. Below is a chart showing U's trailing twelve month trading history, with the $28 strike highlighted in orange:

And SoundHound AI Inc (Symbol: SOUN) saw options trading volume of 359,383 contracts, representing approximately 35.9 million underlying shares or approximately 46.6% of SOUN's average daily trading volume over the past month, of 77.1 million shares. Particularly high volume was seen for the $15 strike call option expiring December 13, 2024, with 20,652 contracts trading so far today, representing approximately 2.1 million underlying shares of SOUN. Below is a chart showing SOUN's trailing twelve month trading history, with the $15 strike highlighted in orange:

For the various different available expirations for CVLT options, U options, or SOUN options, visit StockOptionsChannel.com.

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

Also see:

• Institutional Holders of BIN
• FDP Price Target
• ASRV Dividend History

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