On October 10, 2023, notable options trading activity was observed for several companies within the Russell 3000 index. First Horizon Corp (FHN) saw 102,336 contracts traded, representing approximately 10.2 million underlying shares, or about 94% of its average daily trading volume of 10.9 million shares. The $27 strike call option expiring on November 21, 2025, accounted for 40,115 contracts, translating to around 4.0 million underlying shares.
Warner Bros Discovery Inc (WBD) recorded a trading volume of 430,170 contracts, representing 43.0 million underlying shares, which is 86.9% of its average daily trading volume of 49.5 million shares. The $15 strike call option expiring on December 19, 2025, saw high activity with 108,698 contracts traded, equating to approximately 10.9 million underlying shares.
C3.ai Inc (AI) experienced options trading of 84,523 contracts, approximately 8.5 million underlying shares, or about 86.3% of its average daily trading volume of 9.8 million shares. High volume for the $16.50 strike call option expiring on September 19, 2025, included 14,217 contracts, equating to about 1.4 million underlying shares.