On October 10, 2023, significant options trading activity was recorded among Russell 3000 index components. International Business Machines Corp (IBM) had a total volume of 20,719 contracts traded, equivalent to approximately 2.1 million underlying shares, representing 58.9% of its average daily trading volume of 3.5 million shares. Notably, the $277.50 strike put option expiring on June 20, 2025, saw 3,996 contracts traded.
Scorpio Tankers Inc (STNG) also experienced robust options trading, with 3,772 contracts traded, corresponding to about 377,200 shares, 58% of its average daily trading volume of 650,685 shares. The $50 strike call option expiring on July 18, 2025, had a notable volume of 1,989 contracts.
Brinker International, Inc. (EAT) noted options trading of 8,091 contracts, or approximately 809,100 underlying shares, making up 57.7% of its average daily trading volume of 1.4 million shares. The $120 strike put option expiring on January 16, 2026, had 6,030 contracts traded.
