**Significant Options Trading Activity Noted on Russell 3000 Components**
On [date not provided], notable trading activity was observed in several companies within the Russell 3000 index. Penguin Solutions Inc. (PENG) recorded a trading volume of 19,771 contracts, equivalent to approximately 2 million underlying shares, which is 107.3% of its average daily volume of 1.8 million shares. Notably, 6,289 contracts were traded for the $45 strike call option expiring on May 15, 2026, representing around 628,900 underlying shares.
Simultaneously, Solstice Advanced Materials Inc. (SOLS) experienced a volume of 19,343 contracts, or about 1.9 million underlying shares, accounting for 106.4% of its average daily volume. The $65 strike put option expiring on June 18, 2026, saw particularly high activity with 15,168 contracts traded, representing approximately 1.5 million underlying shares.
GXO Logistics Inc. (GXO) also noted a trading volume of 13,015 contracts, translating to about 1.3 million underlying shares and 95.5% of its average daily volume. The $45 strike put option expiring on May 15, 2026, was highlighted with 5,281 contracts traded, representing around 528,100 underlying shares.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
