On October 10, 2023, notable options trading activity was observed in the Russell 3000 index. Dave & Busters Entertainment Inc (Symbol: PLAY) recorded a trading volume of 5,560 contracts, equivalent to approximately 556,000 underlying shares, which is 61.4% of its average monthly trading volume of 906,270 shares. The $35 strike call option expiring August 15, 2025, saw 797 contracts traded, representing around 79,700 underlying shares.
Applovin Corp (Symbol: APP) reported a total of 32,088 contracts traded today, corresponding to approximately 3.2 million underlying shares, or 60.4% of its average monthly trading volume of 5.3 million shares. The $342.50 strike put option expiring July 25, 2025, had significant activity with 4,127 contracts traded, representing about 412,700 underlying shares.
GigaCloud Technology Inc (Symbol: GCT) also experienced considerable options trading, with 3,973 contracts traded, translating to approximately 397,300 underlying shares, which is 59.3% of its average monthly trading volume of 670,420 shares. The $25 strike call option expiring August 15, 2025, had 1,797 contracts traded, representing approximately 179,700 underlying shares.
