Among the underlying components of the Russell 3000 index, notable options trading activity on October 10, 2023, was recorded for several companies. Cannae Holdings Inc (CNNE) saw 6,145 contracts traded, equating to about 614,500 underlying shares, which is 87.9% of its average daily volume of 698,735 shares. The standout was the $12.50 strike call option expiring on August 21, 2026, with 3,125 contracts traded (approximately 312,500 underlying shares).
Netgear Inc (NTGR) reported a trading volume of 4,005 contracts, or roughly 400,500 underlying shares, making up 87.6% of its average daily volume of 457,220 shares. The $28 strike put option expiring on March 20, 2026, was particularly active, with 2,000 contracts traded (approximately 200,000 underlying shares).
Adobe Inc (ADBE) experienced options trading of 40,541 contracts, representing around 4.1 million underlying shares or 71.3% of its average daily volume of 5.7 million shares. A notable $280 strike call option expiring on March 13, 2026, saw 1,602 contracts traded (approximately 160,200 underlying shares).
