On October 19, notable options trading activity was observed in three companies within the Russell 3000 index: American Express Co. (AXP), Align Technology Inc (ALGN), and Molina Healthcare Inc (MOH). American Express saw a total of 12,726 contracts traded, representing approximately 1.3 million underlying shares, which is 44.1% of its average daily trading volume of 2.9 million shares. The $280 strike put option expiring January 16, 2026, was particularly active, with 1,535 contracts traded.
Align Technology had a trading volume of 3,611 contracts, or about 361,100 underlying shares, equating to 41.9% of its average daily trading volume of 862,810 shares. The $190 strike put option expiring August 01, 2025, accounted for 645 contracts traded. Molina Healthcare reported 7,160 contracts traded, approximately 716,000 underlying shares, which is 41.1% of an average daily volume of 1.7 million shares, with the $165 strike call option expiring August 15, 2025, showing 1,422 contracts traded.
