Significant Tuesday Options Insights: ALAB, FSLR, ROOT

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Astera Labs Inc (Symbol: ALAB) experienced significant trading activity on a recent date, with a total of 56,749 contracts traded, equating to approximately 5.7 million underlying shares. This volume represents 82.8% of ALAB’s average daily trading volume of 6.9 million shares over the past month. Notably, the $160 strike put option expiring on October 17, 2025, saw 1,638 contracts traded, corresponding to around 163,800 underlying shares.

First Solar Inc (Symbol: FSLR) recorded a trading volume of 17,762 contracts, or about 1.8 million underlying shares, which is 80.1% of its average daily trading volume of 2.2 million shares. The $380 strike call option expiring on January 15, 2027, had substantial activity, with 3,400 contracts traded, representing approximately 340,000 underlying shares.

Root Inc (Symbol: ROOT) had a trading volume of 3,976 contracts, roughly 397,600 underlying shares, which is 77.6% of its average daily trading volume of 512,445 shares. The $80 strike call option expiring on October 17, 2025, was particularly active, recording 781 contracts traded, which translates to about 78,100 underlying shares.

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