Notable Monday Option Activity: AMR, UPST, SQ

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alpha Metallurgical Resources Inc (Symbol: AMR), where a total volume of 1,187 contracts has been traded thus far today, a contract volume which is representative of approximately 118,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 68.8% of AMR's average daily trading volume over the past month, of 172,600 shares. Particularly high volume was seen for the $190 strike put option expiring February 21, 2025, with 796 contracts trading so far today, representing approximately 79,600 underlying shares of AMR. Below is a chart showing AMR's trailing twelve month trading history, with the $190 strike highlighted in orange:

Upstart Holdings Inc (Symbol: UPST) saw options trading volume of 39,565 contracts, representing approximately 4.0 million underlying shares or approximately 64.3% of UPST's average daily trading volume over the past month, of 6.2 million shares. Especially high volume was seen for the $64 strike put option expiring January 03, 2025, with 2,258 contracts trading so far today, representing approximately 225,800 underlying shares of UPST. Below is a chart showing UPST's trailing twelve month trading history, with the $64 strike highlighted in orange:

And Block Inc (Symbol: SQ) saw options trading volume of 48,913 contracts, representing approximately 4.9 million underlying shares or approximately 63.8% of SQ's average daily trading volume over the past month, of 7.7 million shares. Particularly high volume was seen for the $85 strike put option expiring January 17, 2025, with 4,469 contracts trading so far today, representing approximately 446,900 underlying shares of SQ. Below is a chart showing SQ's trailing twelve month trading history, with the $85 strike highlighted in orange:

For the various different available expirations for AMR options, UPST options, or SQ options, visit StockOptionsChannel.com.

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

Also see:

• EWQ Options Chain
• RNSC YTD Return
• Institutional Holders of FLNC

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