Monday Option Highlights: MTRN, ASTS, SPT Activities

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Among the underlying components of the Russell 3000 index, significant options trading volume was reported for Materion Corp (MTRN) on October 6, 2023, with a total of 1,686 contracts traded, representing about 168,600 underlying shares. This volume constitutes roughly 77.8% of MTRN’s average daily trading volume of 216,800 shares over the past month. Notably, the $180 strike call option expiring on March 20, 2026, saw 805 contracts traded, accounting for approximately 80,500 underlying shares.

AST SpaceMobile Inc (ASTS) experienced a robust options trading volume of 102,871 contracts, equivalent to around 10.3 million underlying shares, or 73.7% of its average daily volume of 14 million shares. The $80 strike put option expiring on March 20, 2026, was particularly active, with 13,363 contracts traded, representing about 1.3 million underlying shares.

Additionally, Sprout Social Inc (SPT) had an options volume of 13,895 contracts, translating to approximately 1.4 million underlying shares, or 68.8% of its monthly average of 2 million shares. The $5 strike put option expiring on April 17, 2026, saw 13,805 contracts traded, near the total underlying shares for SPT.

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