Trading activity among Russell 3000 index components showed significant volume today, particularly for Micron Technology Inc. (MU), with a total of 539,154 contracts traded, equating to approximately 53.9 million underlying shares. This represents 123.1% of its average daily trading volume of 43.8 million shares over the past month. Notably, the $350 strike call option expiring on April 2, 2026, saw 12,448 contracts traded, representing about 1.2 million underlying shares.
MP Materials Corp (MP) also experienced high trading volume with 52,241 contracts, translating to approximately 5.2 million underlying shares, or 95.3% of its average daily volume of 5.5 million shares. The $42 strike put option expiring on April 17, 2026, recorded 3,926 contracts traded, indicating approximately 392,600 underlying shares.
Advance Auto Parts Inc. (AAP) had options trading volume reach 14,443 contracts, accounting for about 1.4 million underlying shares, which is approximately 92.2% of its average daily trading volume of 1.6 million shares. A significant transaction involved the $47.50 strike call option expiring June 18, 2026, with 5,001 contracts traded, representing approximately 500,100 underlying shares.
