Significant Options Trading Activity in Russell 3000 Components

Looking at options trading activity among the Russell 3000 index components, ServiceNow Inc (Symbol: NOW) has captured attention today. Thus far, a total of 8,458 contracts have been traded, equaling approximately 845,800 underlying shares, as each contract represents 100 shares. This volume amounts to 44.5% of NOW’s average daily trading volume over the past month, which stands at 1.9 million shares.

A particularly notable volume was observed for the $1050 strike call option, expiring on April 17, 2025. Here, 456 contracts have been traded today, representing about 45,600 underlying shares of NOW. Below is a chart illustrating NOW’s trading history over the past twelve months, with the $1050 strike highlighted in orange:

Oracle Corp (Symbol: ORCL) has also seen significant options activity, with 37,889 contracts traded today. This figure translates to approximately 3.8 million underlying shares and accounts for a substantial 44.4% of ORCL’s average daily trading volume over the past month, which is 8.5 million shares.

High trading volume was particularly noted for the $165 strike call option expiring on February 28, 2025, with 2,165 contracts traded, representing around 216,500 underlying shares of ORCL. Below is a chart depicting ORCL’s trading history for the past twelve months, highlighting the $165 strike in orange:

Finally, PubMatic Inc (Symbol: PUBM) recorded options trading volume of 1,598 contracts, equivalent to approximately 159,800 underlying shares, which constitutes around 43.9% of PUBM’s average daily trading volume over the past month of 363,655 shares.

Notable volume was seen for the $15 strike call option expiring on October 17, 2025, with 327 contracts trading thus far today, representing approximately 32,700 underlying shares of PUBM. Below is a chart showing PUBM’s trading activity over the last twelve months, with the $15 strike highlighted in orange:

For information on different available expirations for NOW, ORCL, or PUBM options, visit StockOptionsChannel.com.

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

also see:

– Institutional Holders of MITT
– UPB Videos
– HRS Historical Stock Prices

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