Notable Options Trading Activity in Russell 3000 Components
Today, options trading among Russell 3000 index components is noteworthy, particularly for Advance Auto Parts Inc. (Symbol: AAP). A total of 16,113 contracts have traded so far, equivalent to approximately 1.6 million underlying shares. This volume accounts for 61.1% of AAP’s average daily trading volume of 2.6 million shares over the last month. The highest activity involved the $40 strike call option set to expire on March 28, 2025, with 1,748 contracts trading today, representing around 174,800 underlying shares of AAP. Below is a chart illustrating AAP’s trailing twelve-month trading history, with the $40 strike highlighted in orange:
In another significant move, Alphabet Inc. (Symbol: GOOG) experienced options trading volume of 110,800 contracts, which translates to approximately 11.1 million underlying shares. This volume constitutes about 49.9% of GOOG’s average daily trading volume of 22.2 million shares over the past month. The $167.50 strike call option expiring on March 28, 2025, showed particularly high interest, with 8,931 contracts traded today, equating to approximately 893,100 underlying shares of GOOG. Below is a chart depicting GOOG’s trailing twelve-month trading history, with the $167.50 strike highlighted in orange:
Micron Technology Inc. (Symbol: MU) also garnered attention with options trading volume of 120,060 contracts. This represents about 12.0 million underlying shares or 49.8% of MU’s average daily trading volume of 24.1 million shares in the past month. The $90 strike put option expiring on March 28, 2025, had a notable volume, with 6,319 contracts trading today, which corresponds to approximately 631,900 underlying shares of MU. Below is a chart showing MU’s trailing twelve-month trading history, with the $90 strike highlighted in orange:
For information on available expirations for AAP, GOOG, or MU options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Cheap Healthcare Shares
- FLGC YTD Return
- Institutional Holders of AFOP
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