Among the underlying components of the Russell 3000 index, Sinclair Inc (SBGI) experienced significant options trading on October 6, 2023, with 1,915 contracts traded, equating to roughly 191,500 underlying shares. This represents 54.2% of SBGI’s average daily trading volume of 353,320 shares over the past month. Notably, 1,000 contracts of the $10 strike call option set to expire on March 20, 2026, alone accounted for approximately 100,000 underlying shares.
Scorpio Tankers Inc (STNG) also saw high trading activity, reporting 5,447 contracts—about 544,700 underlying shares—transacted, which is 51.6% of its average daily volume of 1.1 million shares in recent weeks. The $77.50 strike call option expiring on the same date had 1,149 contracts traded, representing around 114,900 shares.
Array Technologies Inc (ARRY) recorded the highest activity with 27,051 contracts traded, indicating approximately 2.7 million underlying shares, or 51.6% of its average daily trading volume of 5.2 million shares. Notably, the $7 strike call option expiring on March 20, 2026, saw 5,072 contracts traded, accounting for approximately 507,200 underlying shares.
