Notable Friday Option Activity: FYBR, DBX, AMCX

In terms of options trading activity among constituents of the Russell 3000 Index, there was notable activity today at Frontier Communications Parent Inc (Ticker: FYBR), where total volume of 10,307 contracts A volume of contracts has been traded so far today which is representative of approximately 1.0 million underlying shares (given that each contract represents 100 underlying shares). This number equates to 96.4% of FYBR’s average daily trading volume over the past month, or 1.1 million shares. Particularly high volume was seen for the $20 strike put option expiring on January 19, 2024, with 10,286 contracts traded so far today, representing approximately 1.0 million underlying shares. by FYBR. Below is a chart showing FYBR’s trading history over the last twelve months, with the $20 strike highlighted in orange:

Dropbox Inc (symbol: DBX) recorded options trading volume of 19,404 contracts, representing approximately 1.9 million underlying shares, or approximately 93.7% of DBX’s average daily trading volume during the last month, or 2.1 million shares. Particularly high volume was seen for the $22 strike put option expiring on February 17, 2023, with 1,302 contracts traded so far today, representing approximately 130,200 underlying DBX shares. Below is a chart showing DBX’s trading history over the past twelve months, with the $22 strike highlighted in orange:

And AMC Networks Inc (Symbol: AMCX) recorded options trading volume of 3,461 contracts, representing approximately 346,100 underlying stocks or approximately 91.5% of AMCX’s average daily trading volume during the month. last, or 378,425 shares. Particularly high volume was seen for the $20 strike put option expiring March 17, 2023, with 529 contracts traded so far today, representing approximately 52,900 underlying AMCX shares. Below is a chart showing AMCX’s last twelve months trading history, with the $20 strike highlighted in orange: