On October 3, notable options trading activity was observed for multiple companies in the Russell 3000 index. Fortune Brands Innovations Inc (FBIN) recorded 40,063 contracts traded, equating to 4 million underlying shares, which is 185.2% of its average monthly volume of 2.2 million shares. The $55 strike call option, expiring September 19, 2025, led the volume with 28,034 contracts, representing 2.8 million shares.
Ambac Financial Group, Inc. (AMBC) also witnessed significant trading, with 12,930 contracts valued at 1.3 million underlying shares, or 135.6% of its average daily volume of 953,470 shares. The $10 strike call option expiring August 15, 2025, accounted for 7,168 contracts, representing 716,800 shares.
Datadog Inc (DDOG) saw a high volume of 82,739 contracts, totaling about 8.3 million underlying shares or 129.4% of its average daily volume of 6.4 million shares. The $150 strike call option expiring July 11, 2025, had 8,616 contracts traded, corresponding to 861,600 shares.
