Significant options trading activity occurred today in the Russell 3000 index, particularly for Bath & Body Works Inc (BBWI), which recorded 27,165 contracts traded, equating to approximately 2.7 million underlying shares, representing 55.9% of its average daily trading volume of 4.9 million shares. The $24 strike put option expiring on September 05, 2025, saw a notable volume of 23,815 contracts, or about 2.4 million underlying shares.
Trinet Group Inc (TNET) also experienced high options volume, with 2,416 contracts traded, amounting to around 241,600 underlying shares—55.8% of its monthly average of 433,170 shares. The $85 strike call option expiring August 15, 2025, was particularly active with 2,004 contracts traded, representing approximately 200,400 underlying shares.
Additionally, Adobe Inc (ADBE) saw 19,364 contracts traded, approximately 1.9 million underlying shares, which is 54.2% of its average monthly volume of 3.6 million shares. High activity was recorded for the $385 strike call option expiring August 01, 2025, with 1,233 contracts traded, equating to around 123,300 underlying shares.
