Noteworthy Tuesday Option Activity: FDX, BMBL, CVNA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in FedEx Corp (Symbol: FDX), where a total volume of 71,343 contracts has been traded thus far today, a contract volume which is representative of approximately 7.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 508.4% of FDX's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $275 strike call option expiring June 28, 2024, with 3,878 contracts trading so far today, representing approximately 387,800 underlying shares of FDX. Below is a chart showing FDX's trailing twelve month trading history, with the $275 strike highlighted in orange:

Bumble Inc (Symbol: BMBL) saw options trading volume of 89,748 contracts, representing approximately 9.0 million underlying shares or approximately 421% of BMBL's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $10 strike put option expiring July 19, 2024, with 44,354 contracts trading so far today, representing approximately 4.4 million underlying shares of BMBL. Below is a chart showing BMBL's trailing twelve month trading history, with the $10 strike highlighted in orange:

And Carvana Co (Symbol: CVNA) options are showing a volume of 142,367 contracts thus far today. That number of contracts represents approximately 14.2 million underlying shares, working out to a sizeable 374.4% of CVNA's average daily trading volume over the past month, of 3.8 million shares. Particularly high volume was seen for the $120 strike call option expiring June 28, 2024, with 9,260 contracts trading so far today, representing approximately 926,000 underlying shares of CVNA. Below is a chart showing CVNA's trailing twelve month trading history, with the $120 strike highlighted in orange:

For the various different available expirations for FDX options, BMBL options, or CVNA options, visit StockOptionsChannel.com.

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

Also see:

• PACI shares outstanding history
• UHAL Average Annual Return
• APIC Historical Stock Prices

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