On October 10, 2023, significant options trading was reported in the Russell 3000 index, specifically for Affirm Holdings Inc (AFRM), Salesforce Inc (CRM), and Constellation Brands Inc (STZ). Affirm traded 27,655 options contracts, equating to 2.8 million underlying shares, which is around 48.7% of its average daily volume of 5.7 million shares. Notably, the $69 call option expiring on June 27, 2025, accounted for 2,893 contracts.
Salesforce saw a trading volume of 44,039 contracts, or roughly 4.4 million underlying shares, constituting 47.9% of its average daily volume of 9.2 million shares. High volume was observed for the $250 strike call option expiring December 18, 2026, with 3,430 contracts traded. Constellation Brands had a volume of 11,664 contracts, translating to about 1.2 million underlying shares, and represented 47.7% of its average daily volume of 2.4 million shares, particularly with the $180 call option expiring July 18, 2025, garnering 2,070 contracts.
