On a notable trading day, Qorvo Inc (QRVO) saw options trading volume of 8,067 contracts, approximately 806,700 underlying shares, representing 43.7% of its average daily trading volume of 1.8 million shares. The $90 strike call option set to expire on September 19, 2025, registered particularly high activity, with 4,003 contracts traded, equivalent to about 400,300 shares.
Enovix Corp (ENVX) also experienced significant options activity with 34,989 contracts traded, representing around 3.5 million shares, or 43.4% of its average daily volume of 8.1 million shares. The $16 strike put option expiring on July 18, 2025, accounted for 2,431 contracts, approximately 243,100 underlying shares.
Alcoa Corporation (AA) reported 24,691 contracts traded today, translating to roughly 2.5 million shares, which is 42.5% of its average daily trading volume of 5.8 million shares. The $30 strike call option for July 18, 2025, had high volume as well, with 11,354 contracts traded, or about 1.1 million underlying shares.
