High Activity in Options Trading for Key Russell 3000 Players

Block Inc, CrowdStrike, and Microsoft Show Significant Options Volume Today

Looking at options trading among stocks in the Russell 3000 index, notable activity has emerged today in Block Inc (Symbol: XYZ). A total of 46,054 contracts have been traded, reflecting about 4.6 million underlying shares, since each contract accounts for 100 shares. This figure represents an impressive 88% of XYZ’s average daily trading volume of 5.2 million shares over the past month. Notably, the $95 strike call option set to expire on February 21, 2025, recorded a particularly high volume with 10,973 contracts traded, equivalent to roughly 1.1 million underlying shares of XYZ. Below is a chart illustrating XYZ’s trading history over the past twelve months, highlighting the $95 strike in orange:

In addition, CrowdStrike Holdings Inc (Symbol: CRWD) has seen 28,919 contracts traded today, which translates to approximately 2.9 million underlying shares. This volume represents about 87.7% of CRWD’s average daily trading volume of 3.3 million shares for the last month. The $435 strike call option, expiring on February 14, 2025, generated significant interest, with 805 contracts traded today, representing around 80,500 underlying shares of CRWD. Below is a chart showing CRWD’s twelve-month trading history, with the $435 strike highlighted in orange:

Furthermore, Microsoft Corporation (Symbol: MSFT) reported a substantial options volume of 207,919 contracts today, which corresponds to approximately 20.8 million underlying shares. This figure equates to about 87% of MSFT’s average daily trading volume of 23.9 million shares over the past month. The $410 strike call option expiring on February 14, 2025, stood out with 8,223 contracts traded today, related to roughly 822,300 underlying shares of MSFT. Below is a chart depicting MSFT’s trading history for the past year, with the $410 strike marked in orange:

For insights on the various expiration options available for XYZ, CRWD, or MSFT, visit StockOptionsChannel.com.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.