On a notable trading day for options within the Russell 3000 index, Spotify Technology SA (Symbol: SPOT) saw a total of 10,997 contracts traded, equating to approximately 1.1 million underlying shares, or 61.5% of its average daily trading volume of 1.8 million shares. The most significant activity was noted in the $740 strike call option expiring September 19, 2025, with 1,444 contracts trading, representing around 144,400 underlying shares.
Ouster Inc (Symbol: OUST) also experienced robust options activity, with 16,835 contracts traded, representing approximately 1.7 million underlying shares, which is 58.5% of its average daily volume of 2.9 million shares. High volume was particularly noted for the $25 strike put option expiring September 26, 2025, where 5,132 contracts traded, accounting for approximately 513,200 underlying shares.
Petco Health & Wellness Co Inc (Symbol: WOOF) reported the highest options volume among the three, with 17,833 contracts traded—around 1.8 million underlying shares—which is 58.4% of its average daily volume of 3.1 million shares. The $4 strike call option expiring September 19, 2025, saw 2,901 contracts traded, representing approximately 290,100 underlying shares.
