Surge in Options Trading Volume Highlights Key Stocks in Russell 3000
The Russell 3000 index has experienced significant activity in options trading today, with notable volumes for several key companies.
GEO Group Inc Leads with Strong Call Option Activity
Among the busiest stocks, GEO Group Inc (Symbol: GEO) recorded 25,253 options contracts traded so far, which equates to around 2.5 million underlying shares. This figure accounts for about 98.8% of GEO’s average daily trading volume over the past month, which stands at 2.6 million shares. A particularly high interest surrounded the $35 strike call option expiring January 17, 2025, with 3,296 contracts traded today, representing approximately 329,600 shares of GEO. Below is a chart showcasing GEO’s trading history from the last twelve months, highlighting the $35 strike in orange:
Upstart Holdings Inc Sees Strong Put Option Trading
Upstart Holdings Inc (Symbol: UPST) also showed substantial trading activity, with 47,775 contracts exchanged, which equals about 4.8 million underlying shares. This volume makes up approximately 91.3% of UPST’s average daily trading activity over the past month, recorded at 5.2 million shares. The $60 strike put option expiring January 17, 2025, attracted considerable interest with 3,581 contracts traded, representing about 358,100 shares of UPST. The following chart illustrates UPST’s trading history for the last year, with the $60 strike highlighted in orange:
Zoom Communications Inc Options Volume Remains Strong
Zoom Communications Inc (Symbol: ZM) reported a trading volume of 20,888 contracts today, amounting to approximately 2.1 million underlying shares. This represents a notable 88.5% of ZM’s average daily volume over the past month, which is around 2.4 million shares. A significant number of trades took place for the $82 strike call option expiring January 17, 2025, with 10,061 contracts exchanged, equivalent to roughly 1.0 million shares of ZM. Below is a chart depicting ZM’s trading history over the past twelve months, with the $82 strike highlighted in orange:
To explore various options expirations available for GEO, UPST, or ZM, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Additional Resources:
- Warren Buffett Technology Stocks
- ETFs Holding RMR
- DIN Stock Predictions
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
