Notable Thursday Option Activity: RCL, GME, CVNA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Royal Caribbean Group (Symbol: RCL), where a total volume of 53,275 contracts has been traded thus far today, a contract volume which is representative of approximately 5.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 271.4% of RCL’s average daily trading volume over the past month, of 2.0 million shares. Especially high volume was seen for the $55 strike call option expiring January 17, 2025, with 8,400 contracts trading so far today, representing approximately 840,000 underlying shares of RCL. Below is a chart showing RCL’s trailing twelve month trading history, with the $55 strike highlighted in orange:

GameStop Corp (Symbol: GME) options are showing a volume of 330,702 contracts thus far today. That number of contracts represents approximately 33.1 million underlying shares, working out to a sizeable 234.7% of GME’s average daily trading volume over the past month, of 14.1 million shares.
Especially high volume was seen for the $35 strike call option expiring December 27, 2024, with 31,356 contracts trading so far today, representing approximately 3.1 million underlying shares of GME. Below is a chart showing GME’s trailing twelve month trading history, with the $35 strike highlighted in orange:

And Carvana Co (Symbol: CVNA) saw options trading volume of 55,170 contracts, representing approximately 5.5 million underlying shares or approximately 234.2% of CVNA’s average daily trading volume over the past month, of 2.4 million shares.
Especially high volume was seen for the $265 strike call option expiring January 03, 2025, with 6,086 contracts trading so far today, representing approximately 608,600 underlying shares of CVNA. Below is a chart showing CVNA’s trailing twelve month trading history, with the $265 strike highlighted in orange:

For the various different available expirations for RCL options, GME options, or CVNA options, visit StockOptionsChannel.com.

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

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