Midweek Highlights: Option Trends in MMM, RIOT, and OKLO

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3M Co (Symbol: MMM) is experiencing significant trading activity today, with a total of 36,637 options contracts traded, representing approximately 3.7 million underlying shares. This volume equates to 101.7% of MMM’s average daily trading volume over the past month, which stands at 3.6 million shares. Notably, the $185 strike call option expiring July 24, 2026, saw high activity with 22,992 contracts traded, representing around 2.3 million shares.

Riot Platforms Inc (Symbol: RIOT) also saw considerable trading, with 161,084 contracts exchanged, accounting for about 16.1 million underlying shares. This represents 96.8% of RIOT’s average daily volume of 16.6 million shares. The $21 strike call option expiring August 21, 2026, was particularly active, with 30,400 contracts traded, equating to approximately 3.0 million shares.

Additionally, Oklo Inc (Symbol: OKLO) recorded a volume of 55,167 contracts, approximating 5.5 million underlying shares, which is 58.6% of its average daily volume of 9.4 million shares. The $46 strike call option expiring July 24, 2026, saw significant interest with 3,821 contracts traded, representing about 382,100 shares.

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