Significant Friday Option Trends: NFLX, LITE, XOM

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High trading volumes were reported today for options in several notable companies within the Russell 3000 index. **Netflix Inc (NFLX)** saw 325,076 contracts traded, representing 32.5 million underlying shares, which is 62.9% of its average daily trading volume of 51.7 million shares. The $70 strike call option expiring July 24, 2026, was particularly active, with 45,290 contracts traded (approximately 4.5 million shares).

**Lumentum Holdings Inc (LITE)** options recorded a volume of 27,675 contracts, equating to around 2.8 million underlying shares, or 61.7% of its average daily volume of 4.5 million shares. The $800 strike call option set to expire on July 24, 2026, saw 954 contracts traded (about 95,400 shares).

**ExxonMobil Holdings Corp (XOM)** also experienced significant trading activity, with 91,885 contracts traded, representing 9.2 million underlying shares, or 59.4% of its average daily volume of 15.5 million shares. Notably, the $170 strike call option expiring October 16, 2026, had 16,363 contracts traded today (approximately 1.6 million shares).

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