Noteworthy Wednesday Option Activity: NVDA, GXO, JBL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in NVIDIA Corp (Symbol: NVDA), where a total volume of 1.3 million contracts has been traded thus far today, a contract volume which is representative of approximately 129.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.3% of NVDA's average daily trading volume over the past month, of 217.5 million shares. Especially high volume was seen for the $185 strike call option expiring December 05, 2025, with 120,543 contracts trading so far today, representing approximately 12.1 million underlying shares of NVDA. Below is a chart showing NVDA's trailing twelve month trading history, with the $185 strike highlighted in orange:

GXO Logistics Inc (Symbol: GXO) saw options trading volume of 7,234 contracts, representing approximately 723,400 underlying shares or approximately 59% of GXO's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $52.50 strike put option expiring December 19, 2025, with 6,411 contracts trading so far today, representing approximately 641,100 underlying shares of GXO. Below is a chart showing GXO's trailing twelve month trading history, with the $52.50 strike highlighted in orange:

And Jabil Inc (Symbol: JBL) options are showing a volume of 6,460 contracts thus far today. That number of contracts represents approximately 646,000 underlying shares, working out to a sizeable 58.6% of JBL's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $180 strike put option expiring December 19, 2025, with 3,121 contracts trading so far today, representing approximately 312,100 underlying shares of JBL. Below is a chart showing JBL's trailing twelve month trading history, with the $180 strike highlighted in orange:

For the various different available expirations for NVDA options, GXO options, or JBL options, visit StockOptionsChannel.com.

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