Unusual Options Activity in TRIP, NET, and OWL Stocks

Significant options trading was observed in Tripadvisor Inc (TRIP), CloudFlare Inc (NET), and Blue Owl Capital Inc (OWL). Investors should monitor these stocks for potential price movement driven by high trading volumes in calls and puts.

Date: 31-01-2025

AI Rating: 6

Overview of Trading Activity: The report highlights notable options trading activity for three companies in the Russell 3000 index - Tripadvisor Inc (TRIP), CloudFlare Inc (NET), and Blue Owl Capital Inc (OWL). The volume of contracts traded for these companies indicates strong interest and could similarly affect the stock prices.

Tripadvisor Inc (TRIP): Today, TRIP saw a total volume of 12,074 contracts traded, representing approximately 1.2 million underlying shares, accounting for 45.5% of its average daily trading volume of 2.7 million shares. The $18 strike call option expiring February 07, 2025, recorded a particularly high volume of 2,769 contracts.

CloudFlare Inc (NET): Options trading volume reached 13,608 contracts, representing about 1.4 million underlying shares, or 44.9% of its average daily trading volume of 3.0 million shares. The $152.50 strike call option set to expire on February 07, 2025, saw 938 contracts exchanged.

Blue Owl Capital Inc (OWL): The company experienced significant activity with 26,260 contracts traded, around 2.6 million underlying shares, which is approximately 41.5% of OWL's average daily volume of 6.3 million shares. Particularly notable was the $24 strike put option, which had 12,799 contracts traded.

Stocks: TRIP NET OWL