Noteworthy Thursday Option Activity: PZZA, SMAR, PTON

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Papa John's International, Inc. (Symbol: PZZA), where a total of 8,316 contracts have traded so far, representing approximately 831,600 underlying shares. That amounts to about 108.5% of PZZA's average daily trading volume over the past month of 766,335 shares. Especially high volume was seen for the $60 strike put option expiring May 17, 2024, with 8,002 contracts trading so far today, representing approximately 800,200 underlying shares of PZZA. Below is a chart showing PZZA's trailing twelve month trading history, with the $60 strike highlighted in orange:

SmartSheet Inc (Symbol: SMAR) options are showing a volume of 11,148 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 84% of SMAR's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $55 strike call option expiring May 17, 2024, with 5,220 contracts trading so far today, representing approximately 522,000 underlying shares of SMAR. Below is a chart showing SMAR's trailing twelve month trading history, with the $55 strike highlighted in orange:

And Peloton Interactive Inc (Symbol: PTON) options are showing a volume of 78,766 contracts thus far today. That number of contracts represents approximately 7.9 million underlying shares, working out to a sizeable 79.2% of PTON's average daily trading volume over the past month, of 9.9 million shares. Particularly high volume was seen for the $6 strike call option expiring July 19, 2024, with 53,027 contracts trading so far today, representing approximately 5.3 million underlying shares of PTON. Below is a chart showing PTON's trailing twelve month trading history, with the $6 strike highlighted in orange:

For the various different available expirations for PZZA options, SMAR options, or PTON options, visit StockOptionsChannel.com.

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

Also see: