Noteworthy Wednesday Option Activity: FORM, GOGO, NVDA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in FormFactor Inc (Symbol: FORM), where a total volume of 10,087 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 167.2% of FORM's average daily trading volume over the past month, of 603,150 shares. Particularly high volume was seen for the $50 strike call option expiring January 17, 2025, with 3,837 contracts trading so far today, representing approximately 383,700 underlying shares of FORM. Below is a chart showing FORM's trailing twelve month trading history, with the $50 strike highlighted in orange:

Gogo Inc (Symbol: GOGO) saw options trading volume of 18,663 contracts, representing approximately 1.9 million underlying shares or approximately 165% of GOGO's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $9 strike call option expiring May 16, 2025, with 9,322 contracts trading so far today, representing approximately 932,200 underlying shares of GOGO. Below is a chart showing GOGO's trailing twelve month trading history, with the $9 strike highlighted in orange:

And NVIDIA Corp (Symbol: NVDA) saw options trading volume of 3.7 million contracts, representing approximately 368.8 million underlying shares or approximately 164.7% of NVDA's average daily trading volume over the past month, of 223.9 million shares. Particularly high volume was seen for the $135 strike call option expiring December 20, 2024, with 261,327 contracts trading so far today, representing approximately 26.1 million underlying shares of NVDA. Below is a chart showing NVDA's trailing twelve month trading history, with the $135 strike highlighted in orange:

For the various different available expirations for FORM options, GOGO options, or NVDA options, visit StockOptionsChannel.com.

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

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