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Markets Score 32 Bullish

Unusual Call Option Volume Spikes for Block Inc and Verisign

Apr 14, 2026 17:35 UTC
XYZ, VRSN
Short term

Heavy trading activity in call options for Block Inc and Verisign suggests bullish positioning ahead of May expirations. The volume for both companies represents a significant percentage of their average daily trading activity.

  • Block Inc options volume reached 43,876 contracts
  • XYZ $70 strike calls expiring May 15 saw 17,769 contracts
  • Verisign options volume reached 6,189 contracts
  • VRSN $280 strike calls expiring May 15 saw 3,017 contracts
  • Both companies saw options volume exceeding 70% of their average daily share volume

Block Inc (XYZ) and Verisign Inc (VRSN) have experienced a surge in options trading volume, with a particular concentration in call options expiring in mid-May. This activity indicates a potential increase in speculative interest or hedging strategies by institutional traders, as the volume represents a substantial portion of the stocks' typical daily liquidity. For Block Inc, options volume reached 43,876 contracts, equivalent to approximately 4.4 million underlying shares. This represents 72.7% of the company's average daily trading volume of 6 million shares. The $70 strike call expiring May 15, 2026, was the most active, with 17,769 contracts traded. Similarly, Verisign saw 6,189 contracts traded, representing 618,900 shares, or 70.1% of its average daily volume of 883,265 shares. The $280 strike call expiring May 15, 2026, dominated the activity with 3,017 contracts. While unusual options flow can sometimes precede price movements, such activity is often speculative. Market participants will be monitoring the May 15 expiration date to determine if these bullish bets materialize into sustained price action.

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