The whipping post

Monday’s Busy Options Trading Day: Advanced Drainage Systems, Zillow Group, and Lamb Weston Holdings Monday’s Busy Options Trading Day: Advanced Drainage Systems, Zillow Group, and Lamb Weston Holdings

Advanced Drainage Systems Inc (WMS)

Amidst the ebb and flow of the market, the options trading realm stood abuzz as Advanced Drainage Systems Inc (WMS) took center stage on this Monday. The day was imbued with remarkable activity, with 2,181 contracts exchanging hands, corresponding to approximately 218,100 underlying shares. This figure, a pulsating 43.1% of WMS’s average daily trading volume over the past month, unfolded a captivating tapestry in the trading arena.

A specific beacon of interest was the $155 strike call option expiring on October 18, 2024, that saw 1,001 contracts traded, equivalent to around 100,100 underlying shares of WMS. Such fervor invited scrutiny and perhaps a flutter in the hearts of onlookers. The trailing twelve-month trading history, with the $155 strike gloriously highlighted in orange, offered a visual narrative of the day’s fervent activities.

Loading chart — 2024 TickerTech.com

Zillow Group Inc (Z)

Meanwhile, Zillow Group Inc (Z) danced in the limelight of options trading, flaunting a spirited display with 14,500 contracts changing hands, representing approximately 1.4 million underlying shares. This vivacious performance accounted for a notable 42% of Z’s average daily trading volume over the past month, signaling a day of significant action and intrigue.

A focal point emerged with the $85 strike call option, due to expire on January 17, 2025, showcasing 5,222 contracts traded, akin to roughly 522,200 underlying shares of Z. The trailing twelve-month trading portrayal, with the $85 strike gleaming in orange hues, captured the essence of zest in the realm of Zillow Group Inc.

Loading chart — 2024 TickerTech.com

Lamb Weston Holdings Inc (LW)

Adding to the symphony of options trading, Lamb Weston Holdings Inc (LW) contributed its own melodious notes with 9,240 contracts in play, symbolizing about 924,000 underlying shares. This melodic performance resonated, comprising 41.1% of LW’s average daily trading volume over the past month, painting a picture of a day rich in market movements and intricate transactions.

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Depicted prominently was the $65 strike call option set to mature on December 20, 2024, witnessing 1,841 contracts exchanged, encapsulating nearly 184,100 underlying shares of LW. The trailing year’s trading odyssey, with the $65 strike shining brightly in orange tones, told a tale of volatility and opportunity in the domain of Lamb Weston Holdings Inc.

Loading chart — 2024 TickerTech.com

Exploring Further

For a deeper delve into the various available expirations for WMS, Z, or LW options, enthusiasts are encouraged to visit StockOptionsChannel.com, where a treasure trove of data and insights awaits to satiate the curiosity of astute investors.

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