High Options Trading Volume for COIN, AVGO, and AMBC

Increased options trading volumes signal potential shifts. Coinbase (COIN), Broadcom (AVGO), and Ambac Financial (AMBC) have all seen significant trading activity that could impact their stock prices.

Date: 31-01-2025

AI Rating: 6

Significant Options Trading Activity

This report highlights noteworthy options trading volume for three companies: Coinbase Global Inc (COIN), Broadcom Inc (AVGO), and Ambac Financial Group, Inc. (AMBC). Increased options trading volume can often indicate changing perceptions about a company's future performance or volatility, potentially leading to price fluctuations.

Coinbase Global Inc (COIN)
Coinbase has experienced a substantial increase in options trading volume, with 274,515 contracts traded, representing approximately 27.5 million underlying shares. This figure is about 334.6% of COIN's average daily trading volume over the past month, which stood at 8.2 million shares. The increase suggests heightened investor interest or speculation, particularly surrounding the $310 strike call option expiring January 31, 2025, with 23,069 contracts.

Broadcom Inc (AVGO)
Broadcom's options trading volume reached 446,076 contracts, equivalent to roughly 44.6 million underlying shares. This volume constitutes about 145.1% of AVGO's average daily trading volume of 30.7 million shares. Investors are showing interest in the $225 strike call option expiring January 31, 2025, with 25,864 contracts trading, indicating a possible bullish sentiment surrounding the stock.

Ambac Financial Group, Inc. (AMBC)
Ambac also saw notable options trading, with 5,712 contracts exchanged, translating to about 571,200 underlying shares. This represents approximately 122.6% of AMBC's average daily trading volume of 465,830 shares. The prominent activity around the $12 strike call option expiring March 21, 2025, with 2,506 contracts, suggests that investors are motivated by expectations of future price movements.

These spikes in options trading volumes may indicate shifting investor sentiment or speculation about future performance, which could consequently affect stock prices for these companies.

Stocks: COIN AVGO AMBC