Significant Options Trading Activity Unfolds
Notable Friday option activity is piquing investor interest, with volumes surging for key players in the market. Among the components of the Russell 3000 index, Capital One Financial Corp (COF), Westlake Corp (WLK), and Argan Inc (AGX) are drawing particular attention for their robust options trading. Let’s delve into the intriguing developments of the day.
Capital One Financial Corp (COF): Engaging Market Activity
Today, Capital One Financial Corp (COF) is witnessing remarkable options trading activity. A significant volume of 13,992 contracts has exchanged hands, equivalent to around 1.4 million underlying shares. This impressive figure represents 79% of COF’s average daily trading volume over the past month, adding to the allure of the market activity. The $144 strike put option expiring on September 06, 2024, has emerged as a standout performer with 3,210 contracts traded so far today, reflecting a substantial interest in COF. Investors are closely monitoring the intricate movements within the market as depicted in the chart below, where the $144 strike is prominently highlighted in orange.
Westlake Corp (WLK): Promising Options Market Activity
The options market for Westlake Corp (WLK) is abuzz with energy today. With a trading volume of 3,013 contracts, roughly 301,300 underlying shares are in play, marking 77% of WLK’s average daily trading volume over the past month. The $120 strike put option expiring on September 20, 2024, is particularly in the limelight, with 1,003 contracts traded, highlighting a keen interest in WLK. Below, investors can track the dynamic trajectory of WLK through the engaging chart, where the $120 strike is distinctly visible in orange.
Argan Inc (AGX): Noteworthy Options Trading Trends
Options trading for Argan Inc (AGX) is witnessing a surge today, with a trade volume of 1,032 contracts, representing approximately 103,200 underlying shares. This activity accounts for 76.8% of AGX’s average daily trading volume over the past month, indicating a robust market engagement. The $100 strike call option expiring on September 20, 2024, stands out with 287 contracts traded, reflecting an intriguing movement within AGX. Investors can gain insights into the evolving market dynamics by observing the captivating chart below, where the $100 strike is vividly highlighted in orange.
Exploring Options Expirations
For a deeper understanding of the various expirations available for COF, WLK, and AGX options, investors can explore further details on StockOptionsChannel.com. It’s imperative to stay informed and agile in navigating the dynamic financial landscape, making informed decisions as market activities evolve.
