Among the underlying components of the Russell 3000 index, SanDisk Corp (SNDK) experienced significant options trading today, with a total of 196,458 contracts traded, equating to approximately 19.6 million underlying shares. This figure represents around 205.9% of SNDK’s average daily trading volume of 9.5 million shares over the past month. Notably, the $380 strike call option expiring on January 9, 2026, saw 9,407 contracts traded.
Carvana Co (CVNA) also reported high options activity, with 73,680 contracts traded, representing about 7.4 million underlying shares, or 151.3% of CVNA’s average daily trading volume of 4.9 million shares. The $450 strike put option expiring on January 9, 2026, accounted for 6,044 contracts traded today, impacting approximately 604,400 underlying shares.
Additionally, Adobe Inc (ADBE) saw trading of 45,991 contracts, approximately 4.6 million underlying shares, which is about 109% of ADBE’s average daily trading volume of 4.2 million shares. The $400 strike put option expiring on January 16, 2026, had 5,790 contracts traded, representing around 579,000 underlying shares.
