On October 10, 2023, notable options trading activity was observed among Russell 3000 index components: Alphabet Inc. (GOOG) had a trading volume of 185,037 contracts, equivalent to approximately 18.5 million underlying shares, or 71.1% of its average daily trading volume of 26 million shares. The $175 strike call option expiring on June 27, 2025, accounted for 21,893 contracts, representing about 2.2 million underlying shares.
Broadcom Inc. (AVGO) reported a trading volume of 176,516 contracts, translating to roughly 17.7 million underlying shares, about 65.7% of its average daily volume of 26.9 million shares. The $272.50 strike call option, also expiring on June 27, 2025, saw 18,025 contracts traded, equivalent to approximately 1.8 million underlying shares.
Additionally, Target Corp. (TGT) experienced a trading volume of 43,061 contracts, or approximately 4.3 million underlying shares, which is 64.7% of its average daily volume of 6.7 million shares. The $100 strike call option, set to expire on June 27, 2025, had 3,230 contracts traded, representing about 323,000 underlying shares.
