Key Thursday Options Update: GCT, AVBP, ENVX Insights

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GigaCloud Technology Inc (GCT) reported an options trading volume of 2,930 contracts on [insert date], representing approximately 293,000 underlying shares, which is 62.6% of its average daily volume of 467,795 shares. Notably, the $55 strike call option expiring on March 20, 2026, saw high activity with 589 contracts traded, equivalent to 58,900 underlying shares.

ArriVent Biopharma Inc (AVBP) experienced an options trading volume of 2,936 contracts, translating to about 293,600 underlying shares, or 62.3% of its average daily volume of 471,065 shares. The $30 strike call option for this stock, expiring on March 20, 2026, was particularly active, with 2,861 contracts traded, representing 286,100 underlying shares.

Enovix Corp (ENVX) had a substantial options trading volume of 38,808 contracts, amounting to approximately 3.9 million underlying shares and 62.2% of its average daily volume of 6.2 million shares. The $7 strike call option, expiring on March 20, 2026, was notably active with 10,228 contracts traded, correlating to around 1 million underlying shares.

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