Noteworthy Wednesday Option Activity: COIN, COMM, AMC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Coinbase Global Inc (Symbol: COIN), where a total volume of 134,184 contracts has been traded thus far today, a contract volume which is representative of approximately 13.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 143% of COIN's average daily trading volume over the past month, of 9.4 million shares. Particularly high volume was seen for the $220 strike call option expiring May 16, 2025, with 10,633 contracts trading so far today, representing approximately 1.1 million underlying shares of COIN. Below is a chart showing COIN's trailing twelve month trading history, with the $220 strike highlighted in orange:

CommScope Holding Co Inc (Symbol: COMM) saw options trading volume of 48,932 contracts, representing approximately 4.9 million underlying shares or approximately 132.8% of COMM's average daily trading volume over the past month, of 3.7 million shares. Especially high volume was seen for the $5 strike put option expiring May 16, 2025, with 12,005 contracts trading so far today, representing approximately 1.2 million underlying shares of COMM. Below is a chart showing COMM's trailing twelve month trading history, with the $5 strike highlighted in orange:

And AMC Entertainment Holdings Inc. (Symbol: AMC) options are showing a volume of 131,261 contracts thus far today. That number of contracts represents approximately 13.1 million underlying shares, working out to a sizeable 132.3% of AMC's average daily trading volume over the past month, of 9.9 million shares. Particularly high volume was seen for the $3.50 strike call option expiring February 28, 2025, with 18,906 contracts trading so far today, representing approximately 1.9 million underlying shares of AMC. Below is a chart showing AMC's trailing twelve month trading history, with the $3.50 strike highlighted in orange:

For the various different available expirations for COIN options, COMM options, or AMC options, visit StockOptionsChannel.com.

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

Also see:

• Institutional Holders of NBCC
• HQCL Options Chain
• RNLX Videos

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