Significant Options Trading Activity Sees Heavy Volumes in Hut 8, Schwab, and Astera Labs

Investors are actively trading options today, particularly in Hut 8 Corp, Charles Schwab Corporation, and Astera Labs Inc.

In Hut 8 Corp (Symbol: HUT), options trading has reached a notable volume of 39,620 contracts, equivalent to around 4.0 million underlying shares. This activity represents about 64.2% of HUT’s average daily trading volume of 6.2 million shares over the past month. The $13 strike put option set to expire on September 19, 2025, saw the most action, with 6,990 contracts trading today, amounting to roughly 699,000 underlying shares. Below is a chart illustrating HUT’s trading history from the past twelve months, highlighting the $13 strike in orange:

Charles Schwab Corporation (Symbol: SCHW) also experienced robust options trading with a total volume of 52,043 contracts traded, representing about 5.2 million underlying shares—63.3% of SCHW’s average daily trading volume of 8.2 million shares for the past month. The $95 strike call option expiring on March 21, 2025, was particularly active, with 5,693 contracts traded, corresponding to around 569,300 shares. A chart of SCHW’s trading history over the last twelve months, with the $95 strike marked in orange, is shown below:

Astera Labs Inc (Symbol: ALAB) reported an options trading volume of 30,963 contracts today, which translates to about 3.1 million underlying shares. This figure represents 60% of ALAB’s average daily trading volume of 5.2 million shares in the last month. The $100 strike call option set to expire on November 15, 2024, showed considerable activity with 4,468 contracts trading today, equivalent to approximately 446,800 shares. The following chart presents ALAB’s trading history for the past year, with the $100 strike indicated in orange:

For further details on the various expiration dates available for options on HUT, SCHW, or ALAB, visit StockOptionsChannel.com.

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

Additional Information:

• Industrial Stocks Hedge Funds Are Selling
• MNTA shares outstanding history
• PX YTD Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.