Among the components of the Russell 3000 index, notable options trading was observed in Uber Technologies Inc (UBER) on October 4, 2023, with 114,224 contracts traded, equivalent to approximately 11.4 million underlying shares, or 58.4% of UBER’s average daily trading volume of 19.6 million shares. The $72.50 strike put option expiring on February 20, 2026, accounted for 5,199 contracts, representing about 519,900 underlying shares.
Marvell Technology Inc (MRVL) also experienced significant activity, with 83,377 contracts traded, representing 8.3 million underlying shares and 57.3% of its average daily volume of 14.6 million shares. The $60 strike put option expiring on January 21, 2028, had 2,491 contracts traded, equivalent to 249,100 underlying shares.
Cinemark Holdings Inc (CNK) saw 15,990 contracts traded, representing 1.6 million underlying shares, or 57.1% of its average daily volume of 2.8 million shares. The $29 strike call option expiring on March 20, 2026, accounted for a substantial 10,160 contracts, equivalent to approximately 1 million underlying shares.
