Today, among the Russell 3000 index components, an aberrant spike was noted in options trading volume, particularly in the cases of Planet Fitness Inc (PLNT), Group 1 Automotive, Inc. (GPI), and VAALCO Energy, Inc. (EGY).

For PLNT, a striking 8,476 contracts have exchanged hands, representing approximately 847,600 underlying shares. Such a surge amounts to about 62.8% of PLNT’s average daily trading volume over the past month of 1.3 million shares. Notably, the $60 strike put option expiring March 15, 2024, has experienced remarkable activity with 4,056 contracts traded today, equivalent to approximately 405,600 underlying shares of PLNT.

Similarly, GPI options have seen a considerable volume of 1,033 contracts today, which represent about 103,300 underlying shares, comprising a significant 62.5% of GPI’s average daily trading volume over the past month. The $210 strike put option expiring July 19, 2024, has stood out with 825 contracts traded, equivalent to approximately 82,500 underlying shares of GPI.

EGY options have shown a traded volume of 3,808 contracts today, representing roughly 380,800 underlying shares, around 60.4% of EGY’s average daily trading volume over the past month. Especially noteworthy is the activity around the $5 strike call option expiring January 17, 2025, with 3,700 contracts traded, representing approximately 370,000 underlying shares of EGY.

For more information on the various expiration dates for PLNT, GPI, or EGY options, visit StockOptionsChannel.com.

Also worth noting are the most active call and put options of the S&P 500 today.

Also see:

• SYK Videos
• Top Ten Hedge Funds Holding CMMB
• Pool RSI

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