Strong Options Activity in Major Russell 3000 Stocks

Today, noteworthy options trading is taking place among the components of the Russell 3000 index, particularly with Meta Platforms Inc (Symbol: META). The trading volume has reached 341,052 contracts, which equates to approximately 34.1 million underlying shares, given that each contract corresponds to 100 shares. This volume represents a remarkable 199.3% of META’s average daily trading volume over the past month, which stands at 17.1 million shares.

Specifically, there has been significant activity for the $600 strike call option expiring on April 04, 2025, with 11,523 contracts traded today. This figure represents about 1.2 million underlying shares of META. Below is a chart illustrating META’s trading history over the last twelve months, with the $600 strike noted in orange:

In contrast, Floor & Decor Holdings Inc (Symbol: FND) reported options trading volume of 29,060 contracts, which translates to around 2.9 million underlying shares. This volume is approximately 148.3% of FND’s average daily trading volume over the preceding month of 2.0 million shares. The $80 strike put option expiring on April 17, 2025, has attracted particular attention, with 14,432 contracts traded thus far, representing about 1.4 million underlying shares of FND. The chart below shows FND’s trading history over the past twelve months, highlighting the $80 strike in orange:

Additionally, Tesla Inc (Symbol: TSLA) experienced an options trading volume of 1.7 million contracts, reflecting about 169.1 million underlying shares. This amount corresponds to approximately 130.8% of TSLA’s average daily trading volume from the past month, which is 129.3 million shares. Notable activity has been observed in the $240 strike put option expiring on April 04, 2025, with 57,756 contracts traded today, about 5.8 million underlying shares of TSLA. Below is a chart displaying TSLA’s twelve-month trading history, with the $240 strike highlighted in orange:

For more information on the various available expirations for META, FND, or TSLA options, please visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• Dividend Paying Stocks
• CART Options Chain
• Institutional Holders of ALTM

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.