Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Snowflake Inc (Symbol: SNOW), where a total of 44,722 contracts have traded so far, representing approximately 4.5 million underlying shares. That amounts to about 60.9% of SNOW's average daily trading volume over the past month of 7.3 million shares. Especially high volume was seen for the $130 strike put option expiring May 27, 2022, with 2,636 contracts trading so far today, representing approximately 263,600 underlying shares of SNOW. Below is a chart showing SNOW's trailing twelve month trading history, with the $130 strike highlighted in orange:
MicroStrategy Inc. (Symbol: MSTR) options are showing a volume of 7,817 contracts thus far today. That number of contracts represents approximately 781,700 underlying shares, working out to a sizeable 60% of MSTR's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $220 strike call option expiring May 27, 2022, with 315 contracts trading so far today, representing approximately 31,500 underlying shares of MSTR. Below is a chart showing MSTR's trailing twelve month trading history, with the $220 strike highlighted in orange:
And Marvell Technology Inc (Symbol: MRVL) options are showing a volume of 61,436 contracts thus far today. That number of contracts represents approximately 6.1 million underlying shares, working out to a sizeable 59% of MRVL's average daily trading volume over the past month, of 10.4 million shares. Particularly high volume was seen for the $60 strike call option expiring June 17, 2022, with 13,961 contracts trading so far today, representing approximately 1.4 million underlying shares of MRVL. Below is a chart showing MRVL's trailing twelve month trading history, with the $60 strike highlighted in orange:
For the various different available expirations for SNOW options, MSTR options, or MRVL options, visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
