Increased Options Trading Activity Highlights in Major Russell 3000 Companies

Today, options trading among companies in the Russell 3000 index reveals notable movements, particularly for Lamb Weston Holdings Inc (Symbol: LW).

So far, a total of 10,053 contracts have been traded in LW, which is about 1.0 million underlying shares since each contract represents 100 shares. This trading volume accounts for 50.9% of LW’s average daily trading activity of 2.0 million shares over the past month. A significant portion of today’s volume is linked to the $60 strike put option expiring on January 17, 2025, where 5,001 contracts have been traded, representing approximately 500,100 underlying shares of LW. Below is a chart illustrating LW’s trading history over the last twelve months, with the $60 strike indicated in orange:

Roblox Corp (Symbol: RBLX) is also experiencing strong options trading activity, with 51,951 contracts traded today, equivalent to about 5.2 million underlying shares. This figure represents 49.9% of RBLX’s average daily trading volume over the past month, which stands at 10.4 million shares. The $56 strike call option expiring on November 22, 2024, has seen particularly high activity, with 11,675 contracts traded today, amounting to approximately 1.2 million underlying shares of RBLX. The following chart showcases RBLX’s trading activity for the past twelve months, with the $56 strike highlighted in orange:

Additionally, Incyte Corporation (Symbol: INCY) is seeing notable options trading, with 11,049 contracts traded so far today, which translates to about 1.1 million underlying shares. This volume represents 49.8% of INCY’s average daily trading volume over the past month, totaling 2.2 million shares. A significant volume has been observed in the $70 strike call option expiring on December 20, 2024, with 2,324 contracts traded, equivalent to approximately 232,400 underlying shares of INCY. Below is a chart depicting INCY’s trading history over the last twelve months, with the $70 strike marked in orange:

For different available options expirations for LW, RBLX, or INCY, visit StockOptionsChannel.com.

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

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