On the trading floor today, Fortune Brands Innovations Inc (FBIN) experienced a surge in options trading activity, with a total volume of 64,632 contracts, equivalent to approximately 6.5 million underlying shares. This volume represents 359.3% of FBIN’s average daily trading volume of 1.8 million shares over the past month. Notably, the $50 strike put option expiring on September 19, 2025, saw high interest, with 36,143 contracts traded, amounting to about 3.6 million underlying shares.
Applovin Corp (APP) also showed significant options trading, with 161,929 contracts traded, representing around 16.2 million underlying shares and 287.7% of its average daily trading volume of 5.6 million shares. The $460 strike call option expiring on August 08, 2025, drew particular attention, with 10,366 contracts traded, equivalent to approximately 1.0 million underlying shares.
Meanwhile, Applied Optoelectronics Inc (AAOI) had an options trading volume of 105,910 contracts, or about 10.6 million underlying shares, which is 239% of its average daily trading volume of 4.4 million shares. The $21 strike put option expiring on August 08, 2025, saw substantial activity with 29,638 contracts traded, representing approximately 3.0 million underlying shares.
