High Options Trading Activity for CVNA, TRU, and TTI

High Options Trading Activity Drives Interest in CVNA, TRU, TTI. Investors may look to these trends for future stock price movements based on options volume and strike price actions.

Date: 13-01-2025

AI Rating: 5

**Options Trading Volume**: The analysis reports significant options trading activity for Carvana Co (CVNA), TransUnion (TRU), and TETRA Technologies, Inc. (TTI). Carvana Co (CVNA) experienced notable activity with a total of 39,366 contracts traded, which amounts to 94.1% of its average daily trading volume of 4.2 million shares. The significant number of contracts relates to a call option with a strike price of $225, which saw trading of 5,091 contracts. Such high trading volumes can indicate a bullish sentiment among investors regarding CVNA, potentially leading to upward stock price movements in the near term. TransUnion (TRU) had 12,181 options contracts traded, representing 92.4% of its daily average trading volume of 1.3 million shares. Here, the dominant activity was around a put option at a strike price of $90, with 6,554 contracts traded. This heavy put trading could signal a bearish outlook from some investors, which may exert downward pressure on TRU's stock price. TETRA Technologies (TTI) had 7,149 contracts traded, equating to 90.3% of its average daily volume of 791,830 shares. The focus was on a put option with a strike price of $3, where 5,011 contracts were traded. This significant volume around a put option might suggest bearish sentiment surrounding TTI, potentially leading investors to expect a decline in TTI’s stock performance. In summary, the trading activity outlined in the report may influence stock prices for CVNA, TRU, and TTI due to the contrasting bullish and bearish sentiments reflected in the options trading volumes. High volumes can draw investor attention and influence future trading behavior based on perceived market sentiments.

Stocks: CVNA TRU TTI