High Options Trading Volume for CLF, CBRL, and RDFN

High activity seen in options trading today. Cleveland-Cliffs Inc leads with significant volume, possibly affecting stock prices. Investors should monitor these movements closely as they could indicate future trends.

Date: 25-02-2025

AI Rating: 6

**Cleveland-Cliffs Inc (CLF)** demonstrated notable options trading activity with a total of 75,996 contracts traded today, corresponding to approximately 7.6 million underlying shares. This represents an impressive 42.6% of its average daily trading volume of 17.8 million shares. Among these contracts, the $10.50 strike put option expiring February 28, 2025, saw 5,184 contracts traded, translating to 518,400 underlying shares. Such high trading volume could suggest investor sentiment regarding the company's future stock performance, potentially impacting its stock price significantly. **Cracker Barrel Old Country Store Inc (CBRL)** experienced a trading volume of 2,827 contracts, which translates to 282,700 underlying shares, or about 42.1% of its average daily trading volume of 671,360 shares. The significant volume for the $37.50 strike put option expiring July 18, 2025, with 1,501 contracts traded (150,100 underlying shares), also raises considerations about the stock's future performance and investor sentiment surrounding the company. **Redfin Corp (RDFN)** exhibited a trading volume of 23,400 contracts, equating to approximately 2.3 million underlying shares, which is again about 42.1% of its average daily trading volume of 5.6 million shares. Particularly noteworthy is the high activity for the $8 strike call option expiring March 21, 2025, with 6,171 contracts traded or 617,100 underlying shares. This suggests a bullish outlook among traders for Redfin's stock price in the near future. Overall, the options trading activity across these firms indicates varying levels of investor sentiment which could influence their respective stock prices.

Stocks: CLF CBRL RDFN