Notable Friday Option Activity: CBL, LAMR, FOUR

By Preferred Stock Channel Staff, Friday, December 15, 3:16 PM ET

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in CBL & Associates Properties Inc (NYSE:CBL), where a total of 12,000 contracts have traded so far, representing approximately 1.2 million underlying shares. That amounts to about 1496.3% of CBL's average daily trading volume over the past month of 80,200 shares. Especially high volume was seen for the $25 strike call option expiring January 19, 2024, with 6,000 contracts trading so far today, representing approximately 600,000 underlying shares of CBL. Below is a chart showing CBL's trailing twelve month trading history, with the $25 strike highlighted in orange:

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Today's Most Active Call & Put Options of the S&P 500 »

Lamar Advertising Co (NASDAQ:LAMR) options are showing a volume of 12,867 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 283.2% of LAMR's average daily trading volume over the past month, of 454,355 shares. Particularly high volume was seen for the $120 strike put option expiring December 15, 2023, with 5,000 contracts trading so far today, representing approximately 500,000 underlying shares of LAMR. Below is a chart showing LAMR's trailing twelve month trading history, with the $120 strike highlighted in orange:

And Shift4 Payments Inc (NYSE:FOUR) saw options trading volume of 33,069 contracts, representing approximately 3.3 million underlying shares or approximately 279.4% of FOUR's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $80 strike call option expiring February 16, 2024, with 10,091 contracts trading so far today, representing approximately 1.0 million underlying shares of FOUR. Below is a chart showing FOUR's trailing twelve month trading history, with the $80 strike highlighted in orange:

For the various different available expirations for CBL options, LAMR options, or FOUR options, visit StockOptionsChannel.com.

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