Soaring Options Trading Volume Highlights Key Stocks in the Russell 3000

Today’s options trading activity in the Russell 3000 index has caught the attention of investors, particularly for specific companies like Alaska Air Group, Citigroup, and BlackRock.

Among the key players, Alaska Air Group, Inc. (Symbol: ALK) has seen significant trading activity, with 21,072 contracts exchanged. This figure corresponds to about 2.1 million underlying shares, which is around 79.2% of ALK’s average daily trading volume of 2.7 million shares over the past month. A particularly notable spike occurred in the $47.50 strike call option set to expire on November 15, 2024, which accounted for 10,070 of those contracts, translating to roughly 1.0 million underlying shares of ALK. Below is a chart depicting ALK’s trading history over the past twelve months, highlighting the $47.50 strike in orange:

Citigroup Inc (Symbol: C) also experienced high options trading volume today, with 99,945 contracts traded so far. This volume represents approximately 10.0 million underlying shares, or about 77% of Citigroup’s average daily trading volume of 13.0 million shares for the last month. The $65 strike call option expiring on October 18, 2024, saw 7,669 contracts traded, equating to roughly 766,900 underlying shares of C. Below is C’s trading history over the past year, showcasing the $65 strike in orange:

BlackRock Inc (Symbol: BLK) also reported impressive trading activity with a total of 4,227 contracts representing roughly 422,700 underlying shares. This figure makes up approximately 76.1% of BLK’s average daily trading volume of 555,165 shares for the past month. Noteworthy is the $1200 strike call option set to expire on November 15, 2024, which saw 1,761 contracts traded, indicating around 176,100 underlying shares of BLK. Below is a chart outlining BLK’s trading history over the previous twelve months, with the $1200 strike highlighted in orange:

For more information regarding various available options for ALK, C, or BLK, you can visit StockOptionsChannel.com.

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

Also see:

• Preferred Stocks By Industry
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• SDOG Historical Stock Prices

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