Coterra Energy Inc (CTRA) reported strong trading activity on October 16, 2023, with 65,039 contracts traded, equating to roughly 6.5 million underlying shares, representing 84.4% of its average daily volume of 7.7 million shares. Notably, 9,346 contracts were linked to the $26 strike call option expiring on January 16, 2026, representing about 934,600 underlying shares.
Applied Materials, Inc. (AMAT) saw a trading volume of 49,240 contracts, or approximately 4.9 million underlying shares, making up 73.7% of its average daily volume of 6.7 million. High volume was recorded for the $302.50 strike put option expiring January 23, 2026, with 1,935 contracts traded, equating to 193,500 underlying shares.
J.B. Hunt Transport Services, Inc. (JBHT) had 5,989 contracts traded, amounting to about 598,900 underlying shares, or 69.5% of its average daily volume of 861,790 shares. Significant trading was noted for the $165 strike put option expiring January 16, 2026, with 3,017 contracts, representing approximately 301,700 underlying shares.
