Heavy Options Trading Activity Highlights Key Players in the Russell 3000
Cape Holdings Captures Attention with Surge in Options Activity
Among the stocks in the Russell 3000 index, Capri Holdings Ltd (Symbol: CPRI) stood out today with significant options trading. A total of 46,119 contracts changed hands, equating to about 4.6 million underlying shares. This impressive figure accounts for around 84.8% of CPRI’s average daily trading volume of 5.4 million shares over the past month. Notably, the $20 strike put option expiring on January 17, 2025, generated particular interest, with 3,454 contracts traded today, representing approximately 345,400 underlying shares of CPRI. Below is a chart illustrating CPRI’s trading history over the past twelve months, with the highlighted $20 strike option in orange:
GXO Logistics Displays Strong Options Trading Volume
GXO Logistics Inc (Symbol: GXO) also experienced notable options trading, with 14,166 contracts representing approximately 1.4 million underlying shares. This trading volume is about 82% of GXO’s average daily volume of 1.7 million shares from the past month. The $65 strike call option set to expire on March 21, 2025, attracted significant attention today, with 5,000 contracts traded, translating to around 500,000 underlying shares of GXO. A chart displaying GXO’s twelve-month trading history follows, with the $65 strike highlighted in orange:
Astera Labs Sees Increased Options Trading Activity
Astera Labs Inc (Symbol: ALAB) also reported substantial options trading, with a total of 32,242 contracts volume today, equivalent to about 3.2 million underlying shares. This represents approximately 81.5% of ALAB’s average daily trading volume of 4.0 million shares over the past month. The $80 strike call option expiring on November 15, 2024, was particularly active, with 10,189 contracts traded today, indicating about 1.0 million underlying shares of ALAB. Below is a chart depicting ALAB’s trading history for the last twelve months, with the $80 strike highlighted in orange:
For a comprehensive view of available expiration dates for CPRI, GXO, or ALAB options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- High Dividend Stocks
- ENX Historical Stock Prices
- MAIN Shares Outstanding History
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
