Notable option activity on Monday: GFF, ZM, BYND

In terms of options trading activity among the constituents of the Russell 3000 Index, Griffon Corp. (Symbol: GFF ) was the most active today, with a total volume of 15,795 contracts traded so far, which is representative contract volume. amounting to approximately 1.6 million underlying shares (assuming that each contract represents 100 underlying shares). This number is equivalent to 312.2% of GFF’s average daily trading volume over the past month, or 505,895 shares. The $35 strike put option, which expires on April 21, 2023, has seen particularly high volume, with 5,000 contracts traded to date, representing approximately 500,000 shares of underlying GFF. Below is a chart showing the trading history of GFF over the past twelve months, with the $35 strike highlighted in orange:
Options on Zoom Video Communications Inc (Symbol: ZM) show a volume of 67,186 contracts year to date. This number of contracts represents approximately 6.7 million underlying shares, or 237.3% of ZM’s average daily trading volume over the past month, or 2.8 million shares. The $80 strike call option expiring on February 17, 2023 saw particularly high volume, with 6,941 contracts traded to date, representing approximately 694,100 shares of ZM’s underlying stock. Below is a chart showing ZM’s trading history over the past twelve months, with the $80 strike highlighted in orange:

And Beyond Meat Inc (Symbol: BYND) option trading volume was 55,766 contracts, representing about 5.6 million underlying shares, or about 228.3% of BYND’s average daily trading volume over the past month, or 2.4 million shares. The $18.50 strike call option expiring on February 3, 2023 saw particularly high volume, with 3,307 contracts traded to date, representing approximately 330,700 shares of BYND’s underlying stock. Below is a chart showing BYND’s trading history over the past twelve months, with the $18.50 strike highlighted in orange:

Visit StockOptionsChannel.com for the various expiration dates available for GFF options, ZM options or BYND options.
See also:
• Institutional RERE holders
• Year-to-date performance of DNLI
• REXI option chain
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