Surge in Options Trading: Modine Manufacturing, A-Mark Precious Metals, and Sable Offshore Corp Stand Out

Highlights from the Russell 3000 Index Options Trading Today

Today marked a busy day in options trading for several companies in the Russell 3000 index. Modine Manufacturing Co (Symbol: MOD) caught attention with a significant trading volume of 5,588 contracts, equating to about 558,800 underlying shares. This figure represents approximately 45% of MOD’s average daily volume of 1.2 million shares over the past month. A notable spike occurred for the $145 strike call option set to expire on February 21, 2025, with 1,371 contracts traded, translating to around 137,100 underlying shares of MOD. The chart below illustrates MOD’s trading history over the past year, with the $145 strike highlighted in orange:

A-Mark Precious Metals Experiences Significant Activity

A-Mark Precious Metals, Inc (Symbol: AMRK) also reported substantial options trading today, with a total of 849 contracts, representing about 84,900 underlying shares. This accounts for approximately 44.5% of AMRK’s average daily trading volume of 190,975 shares over the last month. High trading activity was noted for the $30 strike call option expiring on March 21, 2025, with 563 contracts exchanged, representing around 56,300 underlying shares of AMRK. The chart below provides a view of AMRK’s trading patterns, highlighting the $30 strike:

Sable Offshore Corp Sees Volume Surge

Not to be overlooked, Sable Offshore Corp (Symbol: SOC) experienced robust options trading as well, with 5,048 contracts traded, representing about 504,800 underlying shares. This figure is approximately 44.1% of SOC’s average daily volume of 1.1 million shares over the past month. The $20 strike put option, expiring on February 21, 2025, was particularly active, seeing 1,775 contracts traded, which equates to around 177,500 underlying shares. The following chart shows SOC’s trading history during the past year, with the $20 strike emphasized:

For a full list of available options expirations for MOD, AMRK, or SOC, visit StockOptionsChannel.com.

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