Today, notable options trading was recorded in several companies within the Russell 3000 index. Palo Alto Networks, Inc. (PANW) saw a trading volume of 21,863 contracts, equating to approximately 2.2 million underlying shares, which is about 52% of its average daily volume of 4.2 million shares. The $210 strike call option expiring July 11, 2025, accounted for 2,794 contracts, representing roughly 279,400 underlying shares.
HF Sinclair Corp (DINO) experienced a volume of 13,180 contracts, or about 1.3 million underlying shares, constituting 51.5% of its average daily trading volume of 2.6 million shares. The $50 strike call option expiring September 19, 2025, had particularly high interest, with 6,222 contracts trading, translating to around 622,200 underlying shares.
EQT Corp (EQT) recorded a volume of 40,670 contracts, representing approximately 4.1 million underlying shares, which is 50.1% of its average daily trading volume of 8.1 million shares. The $45 strike put option expiring September 19, 2025, demonstrated significant activity, with 19,153 contracts traded, equating to roughly 1.9 million underlying shares.
