Significant Tuesday Options Movement: ALTG, CRDO, STEP

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Today, Alta Equipment Group Inc (Symbol: ALTG) experienced significant options trading activity with a total of 1,402 contracts exchanged, equivalent to approximately 140,200 underlying shares, representing 81.8% of its average daily volume of 171,310 shares. Notably, the $7.50 strike call option expiring on October 16, 2026, saw 812 contracts traded, accounting for around 81,200 underlying shares.

Credo Technology Group Holding Ltd (Symbol: CRDO) also witnessed high trading volume, with 34,051 contracts traded, representing about 3.4 million underlying shares—approximately 80.6% of its average daily volume of 4.2 million shares. The $240 strike call option, expiring September 18, 2026, had 1,598 contracts traded, representing around 159,800 underlying shares.

Additionally, StepStone Group Inc (Symbol: STEP) saw options trading volume of 10,035 contracts, equivalent to approximately 1.0 million underlying shares, or 76% of its average daily volume of 1.3 million shares. An impressive 10,000 contracts of the $65 strike call option expiring March 19, 2027, were traded, representing approximately 1.0 million underlying shares.

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