Options trading among notable components of the Russell 3000 index is generating significant activity today, particularly for 3M Co (MMM), FedEx Corp (FDX), and Analog Devices Inc (ADI).
As of today, 3M Co has seen a trading volume of 12,171 contracts—about 1.2 million underlying shares—which is 51.5% of its average daily volume of 2.4 million shares. Notably, the $149 strike put option expiring January 16, 2026, has 1,225 contracts traded. In comparison, FedEx has 9,961 contracts exchanged, equivalent to approximately 996,100 underlying shares and 51.1% of its average daily volume of 1.9 million shares, with high activity noted for the $210 strike put option expiring March 20, 2026, at 2,100 contracts. Additionally, Analog Devices recorded a trading volume of 17,115 contracts—roughly 1.7 million underlying shares—making up 50.8% of its average daily volume of 3.4 million shares; the $275 strike put option expiring January 23, 2026, accounted for 2,902 contracts.
This surge in options trading highlights the market’s interest in these companies as investors position themselves ahead of upcoming events.
