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Noteworthy Wednesday Option Activity: SNDX, BYON, CNXC

By Dividend Channel Staff, Wednesday, March 27, 3:24 PM ET

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Syndax Pharmaceuticals Inc (NASDAQ:SNDX), where a total of 7,142 contracts have traded so far, representing approximately 714,200 underlying shares. That amounts to about 54.4% of SNDX's average daily trading volume over the past month of 1.3 million shares. Particularly high volume was seen for the $20 strike put option expiring April 19, 2024, with 4,000 contracts trading so far today, representing approximately 400,000 underlying shares of SNDX. Below is a chart showing SNDX's trailing twelve month trading history, with the $20 strike highlighted in orange:

Beyond Inc (NYSE:BYON) options are showing a volume of 6,088 contracts thus far today. That number of contracts represents approximately 608,800 underlying shares, working out to a sizeable 53.4% of BYON's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $40 strike call option expiring April 05, 2024, with 994 contracts trading so far today, representing approximately 99,400 underlying shares of BYON. Below is a chart showing BYON's trailing twelve month trading history, with the $40 strike highlighted in orange:

And Concentrix Corp (NASDAQ:CNXC) saw options trading volume of 3,451 contracts, representing approximately 345,100 underlying shares or approximately 52.6% of CNXC's average daily trading volume over the past month, of 656,425 shares. Particularly high volume was seen for the $65 strike put option expiring April 19, 2024, with 486 contracts trading so far today, representing approximately 48,600 underlying shares of CNXC. Below is a chart showing CNXC's trailing twelve month trading history, with the $65 strike highlighted in orange:

For the various different available expirations for SNDX options, BYON options, or CNXC options, visit StockOptionsChannel.com.


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