GameStop Leads Options Trading Activity in Russell 3000
High Volume and Notable Expirations Mark Today’s Trades
In today’s options trading within the Russell 3000 index, GameStop Corp (Symbol: GME) stands out with a striking total volume of 293,606 contracts traded so far. This volume translates to approximately 29.4 million underlying shares, as each option contract represents 100 shares. Remarkably, this activity reflects 595.6% of GME’s average daily trading volume over the past month, which was just 4.9 million shares.
The $25 strike call option expiring on November 01, 2024, has seen substantial interest, with 19,827 contracts exchanged today. This accounts for about 2.0 million underlying GME shares. Below is a chart showing GME’s trailing twelve-month trading history, with the $25 strike highlighted in orange:
Adtalem Global Education Inc (Symbol: ATGE) also exhibited significant options trading, with a total of 6,022 contracts, equating to roughly 602,200 underlying shares. This figure represents an impressive 245.5% of ATGE’s average daily trading volume over the last month, which was 245,325 shares.
Particularly notable was the trading volume for the $70 strike put option expiring on November 15, 2024, which saw 2,005 contracts traded today, corresponding to about 200,500 underlying shares. Below is a chart displaying ATGE’s trailing twelve-month trading history, with the $70 strike highlighted in orange:
Further down the list, Lovesac Co (Symbol: LOVE) recorded a trading volume of 5,758 contracts, which translates to approximately 575,800 underlying shares. This represents 232.8% of LOVE’s average daily trading volume over the past month, recorded at 247,345 shares.
The $30 strike call option expiring on November 15, 2024, was particularly active, with 3,336 contracts traded today, equaling about 333,600 underlying shares. Below is a chart depicting LOVE’s trailing twelve-month trading history, with the $30 strike highlighted in orange:
To explore the variety of available expirations for options on GME, ATGE, or LOVE, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- AMSF Insider Buying
- PPHP market cap history
- Funds Holding REGL
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
