Notable Options Trading Activity in Russell 3000 Components

Recent options trading activity within the Russell 3000 index has highlighted significant movements. In particular, PubMatic Inc (Symbol: PUBM) has reported a total trading volume of 2,920 contracts today. This represents approximately 292,000 underlying shares, as each contract corresponds to 100 shares. Notably, this volume constitutes 49.3% of PUBM’s average daily trading volume over the past month, which stands at 592,535 shares. High interest is evident in the $12.50 strike call option set to expire on June 20, 2025, with 1,722 contracts traded so far, translating to about 172,200 underlying shares of PUBM. The following chart illustrates PUBM’s trailing twelve-month trading history, with the $12.50 strike indicated in orange:

Similarly, Applied Optoelectronics Inc (Symbol: AAOI) has seen robust options trading, with 13,998 contracts exchanged today. This amounts to approximately 1.4 million underlying shares, reflecting about 46.7% of AAOI’s average daily trading volume of 3.0 million shares over the past month. A notable concentration was observed in the $15 strike call option expiring on May 09, 2025, where 2,191 contracts traded, representing around 219,100 underlying shares. The chart below depicts AAOI’s trading history for the last twelve months, with the $15 strike highlighted in orange:

MP Materials Corp (Symbol: MP) has also experienced heightened activity, reporting 41,525 contracts traded today. This reflects around 4.2 million underlying shares, which accounts for approximately 46.4% of MP’s average daily trading volume of 9.0 million shares over the past month. A significant volume is also seen in the $23 strike put option expiring on May 16, 2025, with 6,332 contracts traded, equivalent to about 633,200 underlying shares of MP. Below is a chart showing MP’s trading history over the last twelve months, with the $23 strike marked:

To explore various options expirations available for PUBM, AAOI, or MP, please consult StockOptionsChannel.com.

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