Surge in Options Trading for FedEx, Alpha Metallurgical, and SoFi
Looking at options trading activity within the Russell 3000 index, significant movements are observed today in several companies. **FedEx Corp (Symbol: FDX)** stands out with 7,461 contracts traded so far, equating to approximately 746,100 underlying shares, since each contract represents 100 shares. This figure is about 46.8% of FDX’s average daily trading volume of 1.6 million shares over the past month. Notably, the $250 strike call option expiring on March 14, 2025, has attracted considerable attention with 558 contracts traded today, representing roughly 55,800 underlying shares. Below is a chart displaying FDX’s trading history over the past twelve months, with the $250 strike highlighted in orange:
Next, **Alpha Metallurgical Resources Inc (Symbol: AMR)** has also garnered notable attention. Today, it recorded an options trading volume of 1,636 contracts, which corresponds to approximately 163,600 underlying shares. This represents about 44.8% of AMR’s average daily trading volume of 365,375 shares over the last month. A high volume of 737 contracts was seen for the $120 strike put option set to expire on September 19, 2025, which accounts for about 73,700 underlying shares. The following chart illustrates AMR’s trading history, with the $120 strike option marked in orange:
Lastly, **SoFi Technologies Inc (Symbol: SOFI)** has emerged as a strong contender today with an impressive options trading volume of 221,302 contracts. This translates to approximately 22.1 million underlying shares, representing around 43.7% of SOFI’s average daily volume of 50.7 million over the past month. The $11.50 strike put option, expiring on March 21, 2025, has seen a remarkable 35,338 contracts traded, which equates to about 3.5 million underlying shares. Below is the chart displaying SOFI’s trading history, where the $11.50 strike is highlighted in orange:
To explore various expirations for options related to FDX, AMR, or SOFI, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Top Stocks Held By Seth Klarman
- MKC Options Chain
- Funds Holding KEP
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
