High Options Trading Volume Highlights Key Movers in Russell 3000

Today, significant options trading activity has been observed among various constituents of the Russell 3000 index. DraftKings Inc. (Symbol: DKNG) led the way with a total of 54,990 contracts traded, equating to about 5.5 million underlying shares. This volume represents approximately 50.6% of DKNG’s average daily trading volume of 10.9 million shares over the past month. The $50 strike call option, set to expire on January 16, 2026, saw particularly high interest, with 5,521 contracts changing hands, representing around 552,100 shares. The chart below illustrates DKNG’s trailing twelve months of trading history, highlighted with the $50 strike in orange:

CommVault Systems Inc. (Symbol: CVLT) also exhibited notable options trading today, with 2,270 contracts traded, translating to about 227,000 underlying shares. This reflects a significant 49.7% of CVLT’s average daily trading volume of 456,770 shares over the past month. The $130 strike put option, due on April 17, 2025, experienced considerable action, attracting 1,141 contracts, equating to approximately 114,100 underlying shares. The chart below details CVLT’s twelve-month trading history, with the $130 strike highlighted in orange:

In addition, SLM Corp. (Symbol: SLM) reported a trading volume of 17,551 contracts today, representing roughly 1.8 million underlying shares. This volume constitutes about 46.6% of SLM’s average daily trading volume of 3.8 million shares over the past month. A significant portion of this trading involved the $23 strike put option expiring on April 17, 2025, with 5,002 contracts trading, representing about 500,200 underlying shares. Below is a chart illustrating SLM’s trading history over the past twelve months, with the $23 strike indicated in orange:

For more information on the various options expiration dates available for DKNG, CVLT, and SLM, visit StockOptionsChannel.com.

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

Also See:

• Earnings History
• MC Split History
• ASPN YTD Return

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