High Options Trading Volume Noted in Russell 3000 Index

Meta Platforms Inc (META) Options Surge

Today, Meta Platforms Inc (Symbol: META) recorded significant options trading activity, with 302,923 contracts exchanged. This volume translates to around 30.3 million underlying shares since each contract represents 100 shares. This amount is 219.3% of META’s average daily trading volume of 13.8 million shares over the past month. The $630 strike put option set to expire on May 30, 2025, experienced particularly high activity, with 16,774 contracts traded, representing approximately 1.7 million underlying shares.

Brighthouse Financial Inc (BHF) Sees Increased Activity

Brighthouse Financial Inc (Symbol: BHF) noted options trading volume of 16,932 contracts, which is around 1.7 million underlying shares and approximately 206.9% of its average daily trading volume of 818,185 shares over the past month. The $55 strike put option expiring on July 18, 2025, saw notable trading as well, with 8,672 contracts exchanging hands, corresponding to about 867,200 underlying shares.

Velocity Financial Inc (VEL) Records Strong Options Volume

Velocity Financial Inc (Symbol: VEL) experienced options trading volume of 2,000 contracts, equating to around 200,000 underlying shares. This amounts to approximately 149.5% of VEL’s average daily trading volume of 133,810 shares over the past month. The $17.50 strike put option, expiring on June 20, 2025, was particularly active, with the full 2,000 contracts traded.