DividendChannel.com

Noteworthy Wednesday Option Activity: DRI, RILY, NTGR

By Dividend Channel Staff, Wednesday, April 10, 3:28 PM ET

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Darden Restaurants, Inc. (NYSE:DRI), where a total volume of 23,053 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 155.8% of DRI's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $170 strike put option expiring April 19, 2024, with 10,384 contracts trading so far today, representing approximately 1.0 million underlying shares of DRI. Below is a chart showing DRI's trailing twelve month trading history, with the $170 strike highlighted in orange:

B. Riley Financial Inc (NASDAQ:RILY) saw options trading volume of 17,441 contracts, representing approximately 1.7 million underlying shares or approximately 148% of RILY's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $22.50 strike put option expiring April 19, 2024, with 2,117 contracts trading so far today, representing approximately 211,700 underlying shares of RILY. Below is a chart showing RILY's trailing twelve month trading history, with the $22.50 strike highlighted in orange:

And Netgear Inc (NASDAQ:NTGR) saw options trading volume of 2,313 contracts, representing approximately 231,300 underlying shares or approximately 137.2% of NTGR's average daily trading volume over the past month, of 168,545 shares. Particularly high volume was seen for the $16 strike call option expiring June 21, 2024, with 1,540 contracts trading so far today, representing approximately 154,000 underlying shares of NTGR. Below is a chart showing NTGR's trailing twelve month trading history, with the $16 strike highlighted in orange:

For the various different available expirations for DRI options, RILY options, or NTGR options, visit StockOptionsChannel.com.


This Article's Word Cloud:   Arial   Below   NTGR   RILY   Stock   Strike   afterLeftLabels   approximately   average   axisColor   background   beforeLeftLabels   bkgImage   bnkinvest   bottomBuffer   bottomLabels   bottomTableHeight   chart   chartBackgroundColor   clientId   contracts   daily   document   expiring   fillBelowLine   fillColor   fontFace   fontSize   gridBackgroundColor   gridColor   gridLocation   height   high   highlighted   history   labelColor   labelSide   left   leftBuffer   million   month   options   representing   shares   strike   today   trading   underlying   volume   with

Noteworthy Wednesday Option Activity: DRI, RILY, NTGR | www.DividendChannel.com

Copyright © 2010 - 2024, All Rights Reserved Nothing in Dividend Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Dividend Channel; Meet Our Editorial Staff.