Among the underlying components of the Russell 3000 index, significant options trading activity was observed on October 3, 2023. Root Inc. (ROOT) saw 2,724 contracts traded, representing approximately 272,400 underlying shares, equating to 76.9% of its average daily volume of 354,350 shares. The highest volume was for the $130 strike call option expiring June 18, 2026, with 351 contracts trading, representing about 35,100 shares.
International Seaways Inc. (INSW) reported 3,765 contracts traded, covering approximately 376,500 shares, or 76.8% of its average daily volume of 490,255 shares. The notable activity was for the $70 strike call option expiring March 20, 2026, with 1,727 contracts, representing around 172,700 shares.
Amazon.com Inc. (AMZN) recorded 493,883 contracts traded, totaling approximately 49.4 million underlying shares, which is 76.4% of its average daily volume of 64.6 million shares. The highlight was the $210 strike call option expiring February 27, 2026, with 31,112 contracts trading, equivalent to approximately 3.1 million shares.
