Significant Options Activity Observed in Major Russell 3000 Companies

Microsoft Leads with Heavy Trading Volume Today

Today, there has been considerable activity in options trading for components of the Russell 3000 index. Notably, Microsoft Corporation (Symbol: MSFT) has witnessed a total of 174,027 contracts traded, equating to about 17.4 million underlying shares since each contract represents 100 shares. This figure amounts to 74.8% of MSFT’s average daily trading volume of 23.3 million shares over the past month. A highlight of the trading session includes the $420 strike call option set to expire on November 22, 2024, with 13,253 contracts traded, which represents approximately 1.3 million underlying shares. Below is a chart illustrating MSFT’s trading history for the past twelve months, with the $420 strike highlighted in orange:

Abercrombie & Fitch Shows Strong Options Volume

Abercrombie & Fitch Co (Symbol: ANF) has also reported notable options trading activity. So far today, 9,026 contracts have been traded, reflecting about 902,600 underlying shares, which is roughly 69.7% of ANF’s average daily trading volume of 1.3 million shares over the last month. The $145 strike call option expiring November 22, 2024, has garnered significant attention, with 1,229 contracts traded, translating to approximately 122,900 underlying shares. The following chart details ANF’s twelve-month trading history, highlighting the $145 strike in orange:

Ollie’s Bargain Outlet Sees Increased Options Activity

Finally, Ollie’s Bargain Outlet Holdings Inc (Symbol: OLLI) has observed an options trading volume of 6,323 contracts, equating to approximately 632,300 underlying shares, or 64% of OLLI’s average daily trading volume of about 987,770 shares in the past month. The $80 strike put option, set to expire on December 20, 2024, has been particularly active, with 2,036 contracts traded, which represents around 203,600 underlying shares. Below is a chart depicting OLLI’s trading history over the past twelve months, with the $80 strike marked in orange:

For information on the various options expirations available for MSFT, ANF, or OLLI, visit StockOptionsChannel.com.

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

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