Surge in Options Trading for Ultragenyx, Atlassian, and Medtronic

Notable Activity Highlights Trends in the Russell 3000 Index

Today’s options trading data within the Russell 3000 index reveals significant activity in several companies. Notably, Ultragenyx Pharmaceutical Inc (Symbol: RARE) has experienced robust trading, with a total volume of 4,236 contracts so far. This amount translates to approximately 423,600 underlying shares, indicating 59.6% of RARE’s average daily trading volume of 710,755 shares over the past month. A concentration of activity surrounded the $50 strike call option, expiring May 16, 2025, which accounted for 1,134 contracts traded today—equivalent to around 113,400 underlying shares. The chart below illustrates RARE’s trading history over the past year, with the highlighted $50 strike option in orange:

In other notable activity, Atlassian Corp (Symbol: TEAM) recorded options trading volume of 12,282 contracts. This figure represents about 1.2 million underlying shares, equating to 58.1% of TEAM’s average daily trading volume of 2.1 million shares in the past month. The $250 strike call option, expiring June 20, 2025, drew considerable attention, with 8,702 contracts traded today—approximately 870,200 underlying shares. Below is a chart showcasing TEAM’s trading performance over the last twelve months, with the $250 strike highlighted:

Additionally, Medtronic PLC (Symbol: MDT) has seen an impressive options volume of 37,092 contracts today. This volume is representative of roughly 3.7 million underlying shares and accounts for a significant 57% of MDT’s average daily trading volume of 6.5 million shares over the past month. A particularly active part of this trading stems from the $86 strike put option, expiring February 21, 2025, with 10,026 contracts traded today, indicating around 1.0 million underlying shares. Below, MDT’s twelve-month trading history is illustrated, with the $86 strike option in orange:

For more details on the available options expirations for RARE, TEAM, or MDT, visit StockOptionsChannel.com.

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

Also see:

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• Funds Holding TSMU

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