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Remarkable Friday Optional Activity: CWEN, AVGO, ARES


In terms of options trading activity among constituents of the Russell 3000 Index, there was notable activity today at Clearway Energy Inc (Symbol: CWEN), where total volume of 3,021 contracts was been traded so far today, a volume of contracts that represents approximately 302,100 underlying shares (given that each contract represents 100 underlying shares). This number equates to 49.7% of CWEN’s average daily trading volume over the past month, or 607,865 shares. Particularly high volume was seen for the $40 strike call expiring on October 21, 2022, with 2,762 contracts traded so far today, representing approximately 276,200 underlying CWEN shares. Below is a chart showing CWEN’s last twelve months trading history, with the $40 strike highlighted in orange:

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Broadcom Inc (ticker: AVGO) had options trading volume of 12,960 contracts, representing approximately 1.3 million underlying shares, or approximately 49.6% of AVGO’s average daily trading volume during the last month, or 2.6 million shares. Particularly high volume was seen for the $500 strike put option expiring on October 21, 2022, with 607 contracts traded so far today, representing approximately 60,700 underlying AVGO shares. Below is a chart showing AVGO’s last twelve months trading history, with the $500 strike highlighted in orange:

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And Ares Management Corp (ticker: ARES) options are showing a volume of 4,548 contracts so far today. This number of contracts represents approximately 454,800 underlying shares, or 49.4% of ARES’ average daily trading volume over the past month, or 920,045 shares. Particularly high volume was seen for the $55 strike put option expiring November 18, 2022, with 2,000 contracts traded so far today, representing approximately 200,000 underlying shares of ARES. Below is a chart showing ARES’ trading history over the past twelve months, with the $55 strike highlighted in orange:

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For the different expirations available for CWEN options, AVGO options or ARES 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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