Surge in Options Trading Across Key Companies in the Russell 3000
Summit Materials Inc Sees Record Contract Volume
Summit Materials Inc (Symbol: SUM) is witnessing significant options trading today, with a total volume of 17,356 contracts. This translates to approximately 1.7 million underlying shares, since one contract typically represents 100 shares. Remarkably, this volume is 123.5% of SUM’s average daily trading volume for the past month, which was about 1.4 million shares. A particularly notable portion of this activity centers around the $32.50 strike put option set to expire on November 15, 2024, where 10,004 contracts have traded—representing around 1.0 million underlying shares. Below is a chart showing SUM’s trading history over the last twelve months, with the significant $32.50 strike highlighted in orange:
Trump Media & Technology Group Corp Engages in High Volume Trading
Trump Media & Technology Group Corp (Symbol: DJT) also experienced a substantial trading volume, logging 425,194 contracts today. This figure corresponds to approximately 42.5 million underlying shares, equating to about 113.1% of DJT’s average daily trading volume of 37.6 million shares over the past month. A specific highlight within this volume is the $12 strike put option expiring November 15, 2024, which has seen 25,475 contracts traded, reflecting around 2.5 million underlying shares. Below is a chart showing DJT’s trading history for the last twelve months, with the $12 strike emphasized in orange:
WillScot Holdings Corp Experiences Noteworthy Activity
WillScot Holdings Corp (Symbol: WSC) has reported options trading volume of 23,943 contracts today. This translates to approximately 2.4 million underlying shares, which is about 113% of WSC’s average daily trading volume of 2.1 million shares over the last month. A notable driver for this activity is the $45 strike call option set to expire April 17, 2025, with 10,941 contracts traded, accounting for roughly 1.1 million underlying shares. Below is a chart depicting WSC’s trading history over the past twelve months, highlighting the $45 strike in orange:
For more information on available options expirations for SUM, DJT, or WSC, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
GLAD Dividend Growth Rate
CNTX YTD Return
LSCC Market Cap History
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.