Significant Options Trading Activity in Russell 3000 Companies
High Volume Observed for Sable Offshore Corp Options
Looking at options trading today among the Russell 3000 index, Sable Offshore Corp (Symbol: SOC) stands out with 5,380 contracts traded. This volume equates to about 538,000 underlying shares since each contract represents 100 shares. Notably, this figure accounts for 49.8% of SOC’s average daily trading volume over the past month, which is 1.1 million shares.
The $30 strike call option expiring April 17, 2025, is particularly active, with 1,445 contracts traded today, translating to approximately 144,500 underlying shares. The trading history is illustrated in the chart below, with the $30 strike highlighted in orange:
Qualcomm Inc Options Display Strong Activity
In a similar vein, Qualcomm Inc (Symbol: QCOM) has seen a notable 45,903 contracts traded today. This represents around 4.6 million underlying shares, which is 49.4% of QCOM’s average daily trading volume over the past month of 9.3 million shares.
The $165 strike call option expiring December 20, 2024, has been particularly active, with 4,503 contracts traded so far today, indicating approximately 450,300 underlying shares. The chart below visualizes QCOM’s trading history with the $165 strike highlighted:
Goldman Sachs Group Inc Sees Increased Options Trading
Goldman Sachs Group Inc (Symbol: GS) also reported substantial options trading today, with 11,842 contracts exchanged. This trading is equivalent to around 1.2 million underlying shares, making up 48.2% of GS’s monthly average daily trading volume of 2.5 million shares.
High trading volume was recorded for the $620 strike call option expiring January 17, 2025. So far today, 407 contracts have been traded, representing about 40,700 underlying shares of GS. See the chart below for GS’s trading history, with the $620 strike highlighted:
For more information on the different available expirations for SOC, QCOM, or GS options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
• LFVN Videos
• QKLS Split History
• KVSB shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
