Notable Options Trading Activity in Russell 3000 Components

Today’s options trading volume in the Russell 3000 index has highlighted significant activity in several companies, particularly Fortinet Inc (Symbol: FTNT). So far, a total of 23,757 contracts have traded, equating to approximately 2.4 million underlying shares. This figure represents approximately 49.1% of FTNT’s average daily trading volume of 4.8 million shares over the past month. Among these, the $115 strike call option expiring on May 16, 2025, stood out with 3,267 contracts traded, translating to around 326,700 underlying shares. Below is a chart illustrating FTNT’s trailing twelve-month trading history, featuring the $115 strike in orange:

Similarly, GeneDx Holdings Corp (Symbol: WGS) recorded options trading volume of 7,490 contracts, representing about 749,000 underlying shares. This marks approximately 49.1% of WGS’s average daily trading volume of 1.5 million shares over the past month. Notably, the $40 strike put option expiring on September 19, 2025, accounted for 1,450 contracts traded, equating to approximately 145,000 underlying shares. Below is a chart showing WGS’s trailing twelve-month trading history, with the $40 strike highlighted in orange:

Tripadvisor Inc (Symbol: TRIP) also experienced significant options trading, with a volume of 11,777 contracts representing about 1.2 million underlying shares. This is approximately 48.5% of TRIP’s average daily trading volume of 2.4 million shares over the past month. The $8 strike put option expiring on January 16, 2026, was particularly active, with 1,703 contracts traded, which corresponds to around 170,300 underlying shares. Below is a chart displaying TRIP’s trailing twelve-month trading history, featuring the $8 strike in orange:

For detailed information regarding available expirations for FTNT, WGS, or TRIP options, please visit StockOptionsChannel.com.

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