Notable Wednesday Option Activity: SDGR, SNOW, GE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Schrodinger Inc (Symbol: SDGR), where a total volume of 6,601 contracts has been traded thus far today, a contract volume which is representative of approximately 660,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 107.9% of SDGR's average daily trading volume over the past month, of 611,805 shares. Especially high volume was seen for the $27.50 strike call option expiring February 21, 2025, with 2,043 contracts trading so far today, representing approximately 204,300 underlying shares of SDGR. Below is a chart showing SDGR's trailing twelve month trading history, with the $27.50 strike highlighted in orange:

Snowflake Inc (Symbol: SNOW) saw options trading volume of 48,019 contracts, representing approximately 4.8 million underlying shares or approximately 103.7% of SNOW's average daily trading volume over the past month, of 4.6 million shares. Especially high volume was seen for the $180 strike call option expiring January 24, 2025, with 7,268 contracts trading so far today, representing approximately 726,800 underlying shares of SNOW. Below is a chart showing SNOW's trailing twelve month trading history, with the $180 strike highlighted in orange:

And General Electric Co (Symbol: GE) options are showing a volume of 47,284 contracts thus far today. That number of contracts represents approximately 4.7 million underlying shares, working out to a sizeable 91.3% of GE's average daily trading volume over the past month, of 5.2 million shares. Especially high volume was seen for the $195 strike call option expiring January 31, 2025, with 6,699 contracts trading so far today, representing approximately 669,900 underlying shares of GE. Below is a chart showing GE's trailing twelve month trading history, with the $195 strike highlighted in orange:

For the various different available expirations for SDGR options, SNOW options, or GE options, visit StockOptionsChannel.com.

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

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