On the Russell 3000 index, significant options trading was observed today, particularly with Astera Labs Inc (ALAB), which saw 36,188 contracts exchanged, equivalent to about 3.6 million underlying shares, accounting for 72% of its average daily volume of 5.0 million shares. The $93 strike put option expiring on August 15, 2025, was notably active with 4,522 contracts traded, representing approximately 452,200 underlying shares.
Rigetti Computing Inc (RGTI) reported a trading volume of 292,119 contracts, approximately 29.2 million underlying shares, or 63.1% of its average daily volume of 46.3 million shares. The $16.50 strike call option set to expire on August 1, 2025, saw 63,191 contracts traded, approximately 6.3 million underlying shares.
Confluent Inc (CFLT) had a trading volume of 32,907 contracts, representing about 3.3 million underlying shares, which is 60.7% of its average daily trading volume of 5.4 million shares. A high volume of 6,664 contracts was seen for the $24 strike put option expiring on August 15, 2025, corresponding to approximately 666,400 underlying shares.
