Surge in Options Trading: AMC, Under Armour, and Riot Platforms Make Waves

Today, significant options trading activity was reported for several companies in the Russell 3000 index.

AMC Entertainment: A Busy Day for Call Options

In a remarkable trading session, AMC Entertainment Holdings Inc. (Symbol: AMC) saw a total of 46,598 options contracts traded, which equates to roughly 4.7 million underlying shares. This represents about 43.1% of AMC’s average daily trading volume of 10.8 million shares over the last month. A particular focus was observed for the $3 strike call option set to expire on February 07, 2025, where 4,345 contracts have been traded today, corresponding to about 434,500 underlying shares of AMC. The chart below illustrates AMC’s trading history over the past twelve months, with the $3 strike denoted in orange:

Under Armour: Notable Put Options Activity

Under Armour Inc (Symbol: UAA) also experienced a busy trading day, with options volume reaching 44,149 contracts. This figure translates to approximately 4.4 million underlying shares, representing around 43% of UAA’s average daily trading volume of 10.3 million shares in the past month. The $7.50 strike put option set to expire on July 18, 2025, attracted considerable attention, with 20,615 contracts securing trades today, which designates about 2.1 million underlying shares of UAA. The chart below details UAA’s trading activity over the past year, with the $7.50 strike marked in orange:

Riot Platforms: An Abundance of Call Options

Riot Platforms Inc (Symbol: RIOT) experienced the highest trading volume of the day, with 148,469 contracts exchanged, representing roughly 14.8 million underlying shares. This amount accounts for approximately 42.4% of RIOT’s average daily volume of 35 million shares within the past month. Among the notable options was the $12 strike call option expiring on February 07, 2025, where 24,001 contracts were traded today, corresponding to about 2.4 million underlying shares of RIOT. The accompanying chart visualizes RIOT’s twelve-month trading history, highlighting the $12 strike in orange:

For more information regarding expiration dates for options on AMC, UAA, or RIOT, please visit StockOptionsChannel.com.

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

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