Noteworthy Friday Option Activity: EL, PLNT, BYND

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Estee Lauder Cos., Inc. (Symbol: EL), where a total volume of 24,722 contracts has been traded thus far today, a contract volume which is representative of approximately 2.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 88% of EL's average daily trading volume over the past month, of 2.8 million shares. Particularly high volume was seen for the $152.50 strike call option expiring February 16, 2024, with 1,600 contracts trading so far today, representing approximately 160,000 underlying shares of EL. Below is a chart showing EL's trailing twelve month trading history, with the $152.50 strike highlighted in orange:

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Planet Fitness Inc (Symbol: PLNT) saw options trading volume of 11,776 contracts, representing approximately 1.2 million underlying shares or approximately 83.2% of PLNT's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $72.50 strike call option expiring March 15, 2024, with 5,642 contracts trading so far today, representing approximately 564,200 underlying shares of PLNT. Below is a chart showing PLNT's trailing twelve month trading history, with the $72.50 strike highlighted in orange:

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And Beyond Meat Inc (Symbol: BYND) options are showing a volume of 16,282 contracts thus far today. That number of contracts represents approximately 1.6 million underlying shares, working out to a sizeable 78.7% of BYND's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $6 strike put option expiring March 15, 2024, with 2,329 contracts trading so far today, representing approximately 232,900 underlying shares of BYND. Below is a chart showing BYND's trailing twelve month trading history, with the $6 strike highlighted in orange:

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For the various different available expirations for EL options, PLNT options, or BYND options, visit StockOptionsChannel.com.

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

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