Noteworthy Thursday Option Activity: FTAI, PRA, AKAM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in FTAI Aviation Ltd (Symbol: FTAI), where a total volume of 28,441 contracts has been traded thus far today, a contract volume which is representative of approximately 2.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 103.6% of FTAI's average daily trading volume over the past month, of 2.7 million shares. Particularly high volume was seen for the $150 strike call option expiring February 21, 2025, with 3,344 contracts trading so far today, representing approximately 334,400 underlying shares of FTAI. Below is a chart showing FTAI's trailing twelve month trading history, with the $150 strike highlighted in orange:

ProAssurance Corp (Symbol: PRA) options are showing a volume of 2,344 contracts thus far today. That number of contracts represents approximately 234,400 underlying shares, working out to a sizeable 101.7% of PRA's average daily trading volume over the past month, of 230,390 shares. Especially high volume was seen for the $10 strike put option expiring February 21, 2025, with 1,633 contracts trading so far today, representing approximately 163,300 underlying shares of PRA. Below is a chart showing PRA's trailing twelve month trading history, with the $10 strike highlighted in orange:

And Akamai Technologies Inc (Symbol: AKAM) options are showing a volume of 14,209 contracts thus far today. That number of contracts represents approximately 1.4 million underlying shares, working out to a sizeable 96.7% of AKAM's average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $97.50 strike put option expiring January 17, 2025, with 5,680 contracts trading so far today, representing approximately 568,000 underlying shares of AKAM. Below is a chart showing AKAM's trailing twelve month trading history, with the $97.50 strike highlighted in orange:

For the various different available expirations for FTAI options, PRA options, or AKAM options, visit StockOptionsChannel.com.

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

Also see:

• CenterPoint Energy Average Annual Return
• SUN Dividend History
• GATX Options Chain

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