Noteworthy Friday Option Activity: TRIP, NET, OWL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tripadvisor Inc (Symbol: TRIP), where a total volume of 12,074 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.5% of TRIP's average daily trading volume over the past month, of 2.7 million shares. Especially high volume was seen for the $18 strike call option expiring February 07, 2025, with 2,769 contracts trading so far today, representing approximately 276,900 underlying shares of TRIP. Below is a chart showing TRIP's trailing twelve month trading history, with the $18 strike highlighted in orange:

CloudFlare Inc (Symbol: NET) options are showing a volume of 13,608 contracts thus far today. That number of contracts represents approximately 1.4 million underlying shares, working out to a sizeable 44.9% of NET's average daily trading volume over the past month, of 3.0 million shares. Particularly high volume was seen for the $152.50 strike call option expiring February 07, 2025, with 938 contracts trading so far today, representing approximately 93,800 underlying shares of NET. Below is a chart showing NET's trailing twelve month trading history, with the $152.50 strike highlighted in orange:

And Blue Owl Capital Inc Class A (Symbol: OWL) saw options trading volume of 26,260 contracts, representing approximately 2.6 million underlying shares or approximately 41.5% of OWL's average daily trading volume over the past month, of 6.3 million shares. Particularly high volume was seen for the $24 strike put option expiring February 21, 2025, with 12,799 contracts trading so far today, representing approximately 1.3 million underlying shares of OWL. Below is a chart showing OWL's trailing twelve month trading history, with the $24 strike highlighted in orange:

For the various different available expirations for TRIP options, NET options, or OWL options, visit StockOptionsChannel.com.

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

Also see:

• IIVI Insider Buying
• IDT YTD Return
• HOG 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.