On October 10, 2023, significant options trading activity was reported for key companies in the Russell 3000 index. International Business Machines Corp (IBM) saw 80,762 contracts traded, equating to approximately 8.1 million underlying shares—113.6% of its average daily volume of 7.1 million shares. Notably, 28,501 contracts were tied to the $280 strike put option expiring March 20, 2026.
New York Times Co. (NYT) experienced a volume of 22,095 contracts, representing about 2.2 million underlying shares, or 98.3% of its average daily trading volume. The $80 strike put option expiring May 15, 2026, accounted for 10,001 contracts today.
Lastly, Thermo Fisher Scientific Inc (TMO) reported 19,487 contracts traded, about 1.9 million underlying shares—94% of its average volume of 2.1 million shares. The $570 strike put option expiring March 20, 2026, had 2,100 contracts exchanged.
