Noteworthy Options Trading Activity in Russell 3000 Index Components

Among the underlying components of the Russell 3000 index, significant options trading volume was observed today in Skechers USA Inc (Symbol: SKX). A total of 98,266 contracts have been traded, representing nearly 9.8 million underlying shares. This figure translates to about 214.2% of SKX’s average daily trading volume of 4.6 million shares over the past month.

Particularly notable was the activity for the $65 strike call option expiring on June 20, 2025. So far today, 49,146 contracts have changed hands, corresponding to around 4.9 million underlying shares of SKX. The chart below illustrates SKX’s trading history for the past twelve months, with the $65 strike highlighted in orange:

MicroStrategy Inc. (Symbol: MSTR) also experienced impressive options trading, with volume reaching 354,462 contracts. This accounts for approximately 35.4 million underlying shares or about 193.5% of MSTR’s average daily trading volume of 18.3 million shares over the last month.

The $390 strike call option expiring on June 20, 2025, attracted especially high volume, with 19,771 contracts traded today, representing around 2.0 million underlying shares of MSTR. The following chart shows MSTR’s trading history for the past twelve months, with the $390 strike option highlighted in orange:

Additionally, Orthofix Medical Inc (Symbol: OFIX) recorded options trading volume of 4,244 contracts, which corresponds to about 424,400 underlying shares. This figure represents approximately 154% of OFIX’s average daily trading volume of 275,565 shares over the past month.

High volume was particularly evident for the $12.50 strike put option expiring on May 16, 2025, with 2,140 contracts trading today, equating to approximately 214,000 underlying shares of OFIX. Below is a chart depicting OFIX’s trading history for the past twelve months, with the $12.50 strike highlighted:

For various available expirations for SKX, MSTR, or OFIX options, more information can be found at StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

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