On October 4, 2023, notable options trading activity was reported for several companies in the Russell 3000 index. Avnet Inc (AVT) saw a total trading volume of 5,045 contracts, equating to approximately 504,500 underlying shares, representing 66.3% of its average daily trading volume of 761,090 shares. Particularly, 4,927 contracts of the $50 strike put option, expiring September 19, 2025, accounted for around 492,700 underlying shares.
Advanced Energy Industries Inc (AEIS) experienced a trading volume of 3,093 contracts, or 309,300 underlying shares, representing 61.5% of its average daily volume of 502,590 shares. The $140 strike put option, also expiring September 19, 2025, saw 2,001 contracts traded, covering approximately 200,100 underlying shares.
United Parcel Service Inc (UPS) reported an options trading volume of 48,366 contracts, which corresponds to about 4.8 million underlying shares, or 60% of its average daily volume of 8.1 million shares. Specifically, the $100 strike put option, expiring September 19, 2025, included 2,456 contracts, representing about 245,600 underlying shares.
