Notable Friday Option Activity: ABR, SQ, AVO

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Arbor Realty Trust Inc (Symbol: ABR), where a total volume of 14,870 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 74.1% of ABR’s average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $14 strike put option expiring December 20, 2024, with 6,419 contracts trading so far today, representing approximately 641,900 underlying shares of ABR. Below is a chart showing ABR’s trailing twelve month trading history, with the $14 strike highlighted in orange:

Block Inc (Symbol: SQ) saw options trading volume of 62,513 contracts, representing approximately 6.3 million underlying shares or approximately 69.7% of SQ’s average daily trading volume over the past month, of 9.0 million shares.
Particularly high volume was seen for the $90 strike call option expiring December 20, 2024, with 2,702 contracts trading so far today, representing approximately 270,200 underlying shares of SQ. Below is a chart showing SQ’s trailing twelve month trading history, with the $90 strike highlighted in orange:

And Mission Produce Inc (Symbol: AVO) options are showing a volume of 1,427 contracts thus far today. That number of contracts represents approximately 142,700 underlying shares, working out to a sizeable 67.1% of AVO’s average daily trading volume over the past month, of 212,530 shares.
Especially high volume was seen for the $15 strike call option expiring January 17, 2025, with 426 contracts trading so far today, representing approximately 42,600 underlying shares of AVO. Below is a chart showing AVO’s trailing twelve month trading history, with the $15 strike highlighted in orange:

For the various different available expirations for ABR options, SQ options, or AVO options, visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

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