MicroStrategy Inc. (MSTR) experienced significant options trading today, with a total of 579,087 contracts exchanged, representing about 57.9 million underlying shares. This trading volume is approximately 522.4% of MSTR’s average daily volume of 11.1 million shares over the past month. High activity was noted for the $405 strike call option expiring on July 11, 2025, which saw 38,306 contracts traded, equal to around 3.8 million underlying shares.
WK Kellogg Co (KLG) also reported notable options trading, with 31,034 contracts traded, equivalent to roughly 3.1 million underlying shares. This represents approximately 226.1% of KLG’s average daily volume of 1.4 million shares in the past month. The $25 strike call option expiring on September 19, 2025, accounted for 5,761 contracts traded today, approximately 576,100 underlying shares.
Advance Auto Parts Inc (AAP) saw 61,404 contracts traded, corresponding to about 6.1 million underlying shares, or 209.5% of its average daily volume of 2.9 million shares over the past month. The $45 strike put option expiring on September 19, 2025, was particularly active, with 10,210 contracts traded, representing around 1.0 million underlying shares.
