Noteworthy Friday Option Activity: ENPH, RILY, TGT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Enphase Energy Inc. (Symbol: ENPH), where a total volume of 46,960 contracts has been traded thus far today, a contract volume which is representative of approximately 4.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 115.1% of ENPH's average daily trading volume over the past month, of 4.1 million shares. Especially high volume was seen for the $103 strike put option expiring June 28, 2024, with 4,690 contracts trading so far today, representing approximately 469,000 underlying shares of ENPH. Below is a chart showing ENPH's trailing twelve month trading history, with the $103 strike highlighted in orange:

B. Riley Financial Inc (Symbol: RILY) saw options trading volume of 8,332 contracts, representing approximately 833,200 underlying shares or approximately 109.3% of RILY's average daily trading volume over the past month, of 762,505 shares. Particularly high volume was seen for the $21 strike call option expiring June 28, 2024, with 2,216 contracts trading so far today, representing approximately 221,600 underlying shares of RILY. Below is a chart showing RILY's trailing twelve month trading history, with the $21 strike highlighted in orange:

And Target Corp (Symbol: TGT) options are showing a volume of 48,458 contracts thus far today. That number of contracts represents approximately 4.8 million underlying shares, working out to a sizeable 97.7% of TGT's average daily trading volume over the past month, of 5.0 million shares. Especially high volume was seen for the $147 strike call option expiring June 21, 2024, with 13,506 contracts trading so far today, representing approximately 1.4 million underlying shares of TGT. Below is a chart showing TGT's trailing twelve month trading history, with the $147 strike highlighted in orange:

For the various different available expirations for ENPH options, RILY options, or TGT options, visit StockOptionsChannel.com.

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

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• NCI YTD Return
• GCOM Historical Stock Prices

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