Noteworthy Monday Option Activity: LUV, XPOF, TSLA

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Southwest Airlines Co (Symbol: LUV), where a total of 108,915 contracts have traded so far, representing approximately 10.9 million underlying shares. That amounts to about 128.1% of LUV's average daily trading volume over the past month of 8.5 million shares. Particularly high volume was seen for the $28.50 strike put option expiring June 21, 2024, with 8,026 contracts trading so far today, representing approximately 802,600 underlying shares of LUV. Below is a chart showing LUV's trailing twelve month trading history, with the $28.50 strike highlighted in orange:

Xponential Fitness Inc (Symbol: XPOF) options are showing a volume of 15,038 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 119.9% of XPOF's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $30 strike call option expiring July 18, 2025, with 10,000 contracts trading so far today, representing approximately 1.0 million underlying shares of XPOF. Below is a chart showing XPOF's trailing twelve month trading history, with the $30 strike highlighted in orange:

And Tesla Inc (Symbol: TSLA) saw options trading volume of 742,894 contracts, representing approximately 74.3 million underlying shares or approximately 104.8% of TSLA's average daily trading volume over the past month, of 70.9 million shares. Especially high volume was seen for the $180 strike call option expiring June 14, 2024, with 53,281 contracts trading so far today, representing approximately 5.3 million underlying shares of TSLA. Below is a chart showing TSLA's trailing twelve month trading history, with the $180 strike highlighted in orange:

For the various different available expirations for LUV options, XPOF options, or TSLA options, visit StockOptionsChannel.com.

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

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