Significant Tuesday Options Movement: CAR, GME, NEM

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Among the Russell 3000 index components, Avis Budget Group Inc (CAR) reported significant options trading on the date of this report, with 20,623 contracts traded, equating to approximately 2.1 million underlying shares. This volume is about 112.1% of CAR’s average daily trading volume of 1.8 million shares for the past month. Notably, the $200 strike call option expiring May 29, 2026, saw 1,867 contracts traded today.

GameStop Corp (GME) experienced a trading volume of 110,203 contracts, representing around 11.0 million underlying shares, which is approximately 110.4% of the company’s average of 10.0 million shares over the past month. High volume was particularly noted in the $30 strike call option expiring September 17, 2027, with 15,011 contracts traded.

Newmont Corp (NEM) also saw increased options trading, totaling 74,166 contracts, or about 7.4 million underlying shares, reflecting approximately 106.9% of its average daily volume of 6.9 million shares in the past month. The $50 strike call option expiring June 18, 2026, had 27,003 contracts traded today.

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