Among the underlying components of the Russell 3000 index, significant options trading volume was observed on October 10, 2023. SoFi Technologies Inc (SOFI) recorded a total of 306,785 contracts traded, which translates to approximately 30.7 million underlying shares, amounting to about 42.7% of its average daily trading volume of 71.9 million shares over the past month. Notably, the $19 strike call option due on March 6, 2026, saw 16,305 contracts traded.
American Airlines Group Inc (AAL) also experienced a robust trading session, with 222,356 contracts exchanged, representing around 22.2 million underlying shares, or 41.1% of its one-month average daily trading volume of 54.1 million shares. The $10 strike put option, expiring March 6, 2026, was particularly active, with 45,399 contracts traded.
Lastly, Credo Technology Group Holding Ltd (CRDO) saw options trading volume of 28,933 contracts, equivalent to approximately 2.9 million underlying shares, about 40.1% of its average daily volume of 7.2 million shares for the month. The $130 strike call option expiring March 6, 2026, accounted for 2,246 contracts traded.
