Notable Thursday Option Activity: RDDT, KOD, CC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Reddit Inc (Symbol: RDDT), where a total volume of 56,590 contracts has been traded thus far today, a contract volume which is representative of approximately 5.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 117.6% of RDDT’s average daily trading volume over the past month, of 4.8 million shares. Especially high volume was seen for the $130 strike call option expiring March 27, 2026, with 2,587 contracts trading so far today, representing approximately 258,700 underlying shares of RDDT. Below is a chart showing RDDT’s trailing twelve month trading history, with the $130 strike highlighted in orange:

Kodiak Sciences Inc (Symbol: KOD) options are showing a volume of 7,451 contracts thus far today. That number of contracts represents approximately 745,100 underlying shares, working out to a sizeable 115.9% of KOD’s average daily trading volume over the past month, of 642,730 shares.
Especially high volume was seen for the $35 strike put option expiring September 18, 2026, with 1,494 contracts trading so far today, representing approximately 149,400 underlying shares of KOD. Below is a chart showing KOD’s trailing twelve month trading history, with the $35 strike highlighted in orange:

And Chemours Co (Symbol: CC) options are showing a volume of 43,836 contracts thus far today. That number of contracts represents approximately 4.4 million underlying shares, working out to a sizeable 115.7% of CC’s average daily trading volume over the past month, of 3.8 million shares.
Especially high volume was seen for the $23 strike call option expiring April 02, 2026, with 20,835 contracts trading so far today, representing approximately 2.1 million underlying shares of CC. Below is a chart showing CC’s trailing twelve month trading history, with the $23 strike highlighted in orange:

For the various different available expirations for RDDT options, KOD options, or CC options, visit StockOptionsChannel.com.

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

Also see:

• Water Utilities Dividend Stocks
• SPBO shares outstanding history
• High-Yield REITs

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