Increased Options Trading Activity Observed in Russell 3000 Index

Examining options trading within the Russell 3000 index components, significant activity has emerged today for 3M Co (Symbol: MMM). Presently, a total of 22,899 contracts have been traded, equating to roughly 2.3 million underlying shares, since each contract represents 100 shares. This volume constitutes 76.6% of MMM’s average daily trading volume over the past month, which stands at 3.0 million shares. Notably, the $110 strike call option expiring on June 20, 2025, has attracted exceptional interest with 7,680 contracts traded today, corresponding to approximately 768,000 underlying shares. The chart below illustrates MMM’s trading history over the past twelve months, with the $110 strike highlighted in orange:

Amkor Technology Inc. (Symbol: AMKR) is also seeing notable options activity, with 15,140 contracts exchanged today. This activity represents about 1.5 million underlying shares, which equals 75.2% of AMKR’s average daily trading volume over the past month of 2.0 million shares. A large share of this volume is attributed to the $15 strike put option expiring on July 18, 2025, with 15,005 contracts traded today, reflecting approximately 1.5 million underlying shares. Below is a chart depicting AMKR’s trading history over the last twelve months, highlighting the $15 strike in orange:

Additionally, Delek US Holdings Inc (Symbol: DK) reports an options trading volume of 13,080 contracts, translating to around 1.3 million underlying shares. This figure represents approximately 73.2% of DK’s average daily trading volume over the past month, recorded at 1.8 million shares. A particular highlight is the $20 strike call option expiring June 20, 2025, which has seen 11,450 contracts traded today, corresponding to roughly 1.1 million underlying shares of DK. The chart below captures DK’s trading history for the past twelve months, with the $20 strike denoted in orange:

For additional expiration dates related to MMM, AMKR, or DK options, reference StockOptionsChannel.com.

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