Albemarle Corp. (Symbol: ALB) experienced a significant surge in options trading, with 74,960 contracts traded, which translates to approximately 7.5 million underlying shares, equating to 228.2% of its average daily trading volume of 3.3 million shares. A notable focus was on the $155 strike call option expiring January 16, 2026, where 28,209 contracts, representing around 2.8 million underlying shares, have been traded today.
Micron Technology Inc. (Symbol: MU) also saw considerable options activity, totaling 388,294 contracts traded, equivalent to 38.8 million underlying shares, or 147.4% of its average daily volume of 26.3 million shares. The high volume included 28,659 contracts of the $265 strike call option expiring December 19, 2025, accounting for approximately 2.9 million underlying shares.
Similarly, Erie Indemnity Co. (Symbol: ERIE) recorded options trading of 1,751 contracts or about 175,100 underlying shares, representing 113.4% of its average daily trading volume of 154,370 shares. The most active was the $250 strike call option expiring June 18, 2026, with 866 contracts traded, amounting to roughly 86,600 underlying shares.
