Noteworthy Monday Option Activity: CLF, CMPX, CVI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cleveland-Cliffs Inc (Symbol: CLF), where a total volume of 110,580 contracts has been traded thus far today, a contract volume which is representative of approximately 11.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.8% of CLF's average daily trading volume over the past month, of 15.8 million shares. Especially high volume was seen for the $10.50 strike call option expiring May 01, 2026, with 6,193 contracts trading so far today, representing approximately 619,300 underlying shares of CLF. Below is a chart showing CLF's trailing twelve month trading history, with the $10.50 strike highlighted in orange:

Compass Therapeutics Inc (Symbol: CMPX) options are showing a volume of 19,063 contracts thus far today. That number of contracts represents approximately 1.9 million underlying shares, working out to a sizeable 64.4% of CMPX's average daily trading volume over the past month, of 3.0 million shares. Particularly high volume was seen for the $2 strike call option expiring May 15, 2026, with 6,050 contracts trading so far today, representing approximately 605,000 underlying shares of CMPX. Below is a chart showing CMPX's trailing twelve month trading history, with the $2 strike highlighted in orange:

And CVR Energy Inc (Symbol: CVI) options are showing a volume of 6,644 contracts thus far today. That number of contracts represents approximately 664,400 underlying shares, working out to a sizeable 61.9% of CVI's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $32.50 strike call option expiring May 15, 2026, with 5,023 contracts trading so far today, representing approximately 502,300 underlying shares of CVI. Below is a chart showing CVI's trailing twelve month trading history, with the $32.50 strike highlighted in orange:

For the various different available expirations for CLF options, CMPX options, or CVI options, visit StockOptionsChannel.com.

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

Also see:

• Canada Stock Channel
• SIGI YTD Return
• Dividend Articles

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