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Notable Optional Wednesday Activity: GOEV, WGO, LYV


In terms of options trading activity among constituents of the Russell 3000 Index, there was notable activity today at Canoo Inc (Symbol: GOEV), where a total volume of 51,195 contracts was traded. traded so far today, a volume of contracts that is representative of approximately 5.1 million underlying shares (given that each contract represents 100 underlying shares). This number equates to 55.3% of GOEV’s average daily trading volume over the past month, or 9.3 million shares. Particularly high volume was seen for the $5 strike call option expiring August 19, 2022, with 10,638 contracts traded so far today, representing approximately 1.1 million underlying shares. from GOEV. Below is a graph showing GOEV’s trading history over the last twelve months, with the $5 strike highlighted in orange:

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Winnebago Industries, Inc. (Symbol: WGO) recorded options trading volume of 3,406 contracts, representing approximately 340,600 underlying stocks or approximately 53.5% of WGO’s average daily trading volume during the month last, i.e. 637,230 shares. Particularly high volume was seen for the $65 strike call option expiring on August 19, 2022, with 2,030 contracts traded so far today, representing approximately 203,000 underlying WGO shares. Below is a chart showing WGO’s past twelve month trading history, with the $65 strike highlighted in orange:

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And Live Nation Entertainment Inc (Ticker: LYV) options are showing a volume of 7,071 deals so far today. This number of contracts represents approximately 707,100 underlying shares, or 52.8% of LYV’s average daily trading volume over the past month, or 1.3 million shares. Particularly high volume was seen for the $100 strike call option expiring November 18, 2022, with 2,652 contracts traded so far today, representing approximately 265,200 underlying LYV shares. Below is a chart showing LYV’s trading history over the last twelve months, with the $100 strike highlighted in orange:

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For the different expirations available for GOEV options, WGO options or LYV options, visit StockOptionsChannel.com.

The most active call and put options on the S&P 500 today »

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

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