Noteworthy Tuesday Option Activity: OKTA, NOW, FSLR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Okta Inc (Symbol: OKTA), where a total volume of 26,693 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 102.1% of OKTA's average daily trading volume over the past month, of 2.6 million shares. Especially high volume was seen for the $100 strike call option expiring February 21, 2025, with 2,836 contracts trading so far today, representing approximately 283,600 underlying shares of OKTA. Below is a chart showing OKTA's trailing twelve month trading history, with the $100 strike highlighted in orange:

ServiceNow Inc (Symbol: NOW) options are showing a volume of 11,037 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 95.1% of NOW's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $950 strike put option expiring June 20, 2025, with 351 contracts trading so far today, representing approximately 35,100 underlying shares of NOW. Below is a chart showing NOW's trailing twelve month trading history, with the $950 strike highlighted in orange:

And First Solar Inc (Symbol: FSLR) saw options trading volume of 19,402 contracts, representing approximately 1.9 million underlying shares or approximately 93.6% of FSLR's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $155 strike put option expiring January 31, 2025, with 1,093 contracts trading so far today, representing approximately 109,300 underlying shares of FSLR. Below is a chart showing FSLR's trailing twelve month trading history, with the $155 strike highlighted in orange:

For the various different available expirations for OKTA options, NOW options, or FSLR options, visit StockOptionsChannel.com.

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

Also see:

• Preferred Stock Ex-Dividend Calendar
• Snap-On DMA
• GLBE market cap history

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