Notable options activity on Monday: GME, ATGE, LOVE

Looking at the options trading activity between the components of the Russell 3000 Index, there is notable activity today in GameStop Corp (Symbol: GME), where a total volume of 293,606 contracts have been traded so far today, for a contract volume equivalent to approximately 29.4 Millions of underlying shares (assuming each contract represents 100 underlying shares). This figure represents 595.6% of GME's average daily trading volume over the past month of 4.9 million shares. The $25 strike call option, which expires on November 1, 2024, recorded particularly high volume. There have been 19,827 contracts traded so far today, representing approximately 2.0 million underlying shares of GME. Below is a chart showing GME's trading history over the last twelve months, with the $25 strike highlighted in orange:

Adtalem Global Education Inc (Symbol: ATGE) recorded options trading volume of 6,022 contract, which represents about 602,200 underlying shares, or about 245.5% of ATGE's average daily trading volume over the past month of 245,325 shares. Particularly high volume was recorded for the $70 strike put option expiring on November 15, 2024. 2,005 contracts have been traded so far today, representing approximately 200,500 underlying shares of ATGE. Below is a chart showing ATGE's trading history over the last twelve months, with the $70 strike highlighted in orange:

And Lovesac Co (Symbol: LOVE) recorded options trading volume of 5,758 contract, representing about 575,800 underlying shares, or about 232.8% of LOVE's average daily trading volume over the past month of 247,345 shares. Particularly high volume was seen on the $30 strike call option expiring on November 15, 2024. 3,336 contracts have been traded so far today, representing approximately 333,600 underlying shares of LOVE. Below is a chart showing LOVE's trading history over the last twelve months, with the $30 strike highlighted in orange:

For information about the different expirations available for GME Options, ATGE Options or LOVE Options, please visit StockOptionsChannel.com.

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

See also:

• AMSF insider buying
• PPHP market cap history
• Funds that hold REGL

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