Noteworthy Wednesday Option Activity: AFRM, MGM, YOU

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Affirm Holdings Inc (Symbol: AFRM), where a total volume of 37,652 contracts has been traded thus far today, a contract volume which is representative of approximately 3.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.1% of AFRM's average daily trading volume over the past month, of 7.2 million shares. Especially high volume was seen for the $73 strike put option expiring February 14, 2025, with 3,476 contracts trading so far today, representing approximately 347,600 underlying shares of AFRM. Below is a chart showing AFRM's trailing twelve month trading history, with the $73 strike highlighted in orange:

MGM Resorts International (Symbol: MGM) saw options trading volume of 23,317 contracts, representing approximately 2.3 million underlying shares or approximately 51.1% of MGM's average daily trading volume over the past month, of 4.6 million shares. Especially high volume was seen for the $34.50 strike put option expiring February 14, 2025, with 1,644 contracts trading so far today, representing approximately 164,400 underlying shares of MGM. Below is a chart showing MGM's trailing twelve month trading history, with the $34.50 strike highlighted in orange:

And Clear Secure Inc (Symbol: YOU) saw options trading volume of 8,236 contracts, representing approximately 823,600 underlying shares or approximately 49.1% of YOU's average daily trading volume over the past month, of 1.7 million shares. Particularly high volume was seen for the $27 strike call option expiring May 16, 2025, with 3,367 contracts trading so far today, representing approximately 336,700 underlying shares of YOU. Below is a chart showing YOU's trailing twelve month trading history, with the $27 strike highlighted in orange:

For the various different available expirations for AFRM options, MGM options, or YOU options, visit StockOptionsChannel.com.

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

Also see:

• Cheap Industrials Stocks
• MOMT Insider Buying
• Funds Holding BSAE

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