Today’s Notable Options Trading Activity in Russell 3000 Companies

Today’s options trading activity within the Russell 3000 index highlights significant movements in several companies, particularly The Gap Inc. (Symbol: GAP). A total of 77,351 contracts have been traded so far, indicating approximately 7.7 million underlying shares, as each contract corresponds to 100 shares. This volume accounts for 66% of GAP’s average daily trading over the past month, which is 11.7 million shares. Notably, high volume was observed for the $18 strike put option expiring on April 17, 2025, with 9,769 contracts traded, representing around 976,900 underlying shares. Below is a chart detailing GAP’s trailing twelve-month trading history, with the $18 strike highlighted in orange:

In a parallel trend, Sandisk Corporation (Symbol: SNDK) displayed options trading activity of 21,507 contracts, representing about 2.2 million underlying shares. This figure represents approximately 63.7% of SNDK’s average daily trading volume of 3.4 million shares over the past month. A particularly high volume was recorded for the $60 strike call option expiring on May 16, 2025, with 9,495 contracts traded so far, equating to around 949,500 underlying shares. Below, you can see SNDK’s trading history over the past twelve months, with the $60 strike indicated in orange:

Additionally, Seadrill Ltd (Symbol: SDRL) has reported options trading volume of 5,699 contracts today. This quantity translates to approximately 569,900 underlying shares, representing a significant 62% of SDRL’s average daily trading volume of 918,665 shares over the last month. Among the options, the $22.50 strike put option expiring on April 17, 2025, saw particularly high activity with 3,054 contracts transacted, representing about 305,400 underlying shares. Below is a chart illustrating SDRL’s trading history for the past twelve months, with the $22.50 strike highlighted in orange:

For additional information on available expirations for GAP, SNDK, or SDRL options, please visit StockOptionsChannel.com.

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

also see:

• Insider Buying
• CVX Average Annual Return
• Funds Holding ALVO

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