High Options Trading Volume Highlights Key Stocks in Russell 3000

Today, notable activity in options trading was observed within the Russell 3000 index, particularly with Sable Offshore Corp (Symbol: SOC). A total of 63,027 contracts have been traded, which translates to about 6.3 million underlying shares. This impressive figure represents approximately 374.5% of SOC’s average daily trading volume of 1.7 million shares over the past month. The $40 strike call option expiring on July 18, 2025, saw particularly high interest, with 12,073 contracts traded so far today, equating to roughly 1.2 million underlying shares. Below is a chart illustrating SOC’s trailing twelve-month trading history, with the $40 strike highlighted in orange:

In addition, Appian Corp (Symbol: APPN) recorded a trading volume of 11,933 contracts, corresponding to approximately 1.2 million underlying shares. This number accounts for about 181.9% of APPN’s average daily trading volume of 656,070 shares over the past month. The $27.50 strike put option expiring on August 15, 2025, attracted significant attention with 11,637 contracts traded, representing around 1.2 million underlying shares of APPN. Below is a chart showing APPN’s trading history, with the $27.50 strike highlighted in orange:

United States Steel Corp. (Symbol: X) also exhibited robust options trading, with 74,955 contracts exchanged today. This total represents approximately 7.5 million underlying shares, equating to 172.7% of X’s average daily trading volume of 4.3 million shares within the past month. Notably, the $50 strike call option expiring on June 20, 2025, saw high trading volume with 14,184 contracts exchanged, representing about 1.4 million underlying shares of X. Below is a chart depicting X’s trading history, with the $50 strike highlighted in orange:

For detailed information on available expirations for SOC options, APPN options, or X options, please refer to StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.