Among the stocks within the Russell 3000 index, Rayonier Advanced Materials Inc (RYAM) experienced significant options trading on October 3, 2023, with a total of 4,609 contracts exchanged, representing about 460,900 underlying shares. This volume constitutes approximately 49.6% of its average daily trading volume of 929,705 shares over the past month. Notably, the $8 strike put option expiring March 20, 2026, accounted for 3,753 contracts, equivalent to roughly 375,300 underlying shares.
Reddit Inc (RDDT) recorded a high options trading volume of 35,620 contracts, impacting approximately 3.6 million underlying shares—around 48.7% of its monthly average of 7.3 million shares. The most active option was the $134 strike put expiring February 27, 2026, with 3,765 contracts traded, representing about 376,500 underlying shares.
Sterling Infrastructure Inc (STRL) saw options trading of 2,448 contracts, representing around 244,800 underlying shares or roughly 45.8% of its average daily volume of 534,045 shares. The prominent option was the $520 strike call, with 245 contracts traded so far, amounting to about 24,500 underlying shares.
