Significant Options Trading Activity in Russell 3000 Components
In today’s analysis of options trading for the Russell 3000 index, Porch Group Inc (Symbol: PRCH) has attracted attention with a total of 19,538 contracts traded. This volume translates to around 2.0 million underlying shares, reflecting 97.7% of PRCH’s average daily trading volume of 2.0 million shares over the past month. Significant interest has been noted in the $7.50 strike call option expiring on May 16, 2025, where 6,901 contracts have exchanged hands, equating to approximately 690,100 underlying shares of PRCH. Below is a chart showcasing PRCH’s trailing twelve-month trading history, with the $7.50 strike highlighted in orange:
Powell Industries, Inc. (Symbol: POWL) also reported notable options trading, with a total of 2,742 contracts traded, representing about 274,200 underlying shares. This figure accounts for approximately 95.3% of POWL’s average daily trading volume of 287,740 shares over the preceding month. Among the activity, the $200 strike call option expiring on November 21, 2025, stood out, as 927 contracts traded, representing roughly 92,700 underlying shares of POWL. Below is a chart depicting POWL’s trailing twelve-month trading history, with the $200 strike highlighted in orange:
Additionally, Unity Software Inc (Symbol: U) recorded impressive options trading volumes, with 70,303 contracts traded, equivalent to around 7.0 million underlying shares. This trading activity represents approximately 92.3% of U’s average daily trading volume of 7.6 million shares over the last month. High volume was particularly noted for the $30 strike call option expiring on June 20, 2025, where 13,223 contracts traded, translating to about 1.3 million underlying shares of U. Below is a chart illustrating U’s trailing twelve-month trading history, with the $30 strike highlighted in orange:
For additional details on the available expirations for options on PRCH, POWL, or U, please visit StockOptionsChannel.com.
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