On October 4, 2023, significant trading activity was reported among components of the Russell 3000 index, specifically for Microsoft Corporation (MSFT), Block Inc (XYZ), and Alphabet Inc (GOOGL). Microsoft saw a trading volume of 152,497 contracts, around 15.2 million underlying shares, constituting 78.2% of its average daily volume of 19.5 million shares. The $510 strike call option expiring on July 18, 2025, was particularly active with 12,128 contracts traded.
Block Inc experienced a trading volume of 52,252 contracts, equating to approximately 5.2 million underlying shares, or 75.3% of its average daily volume of 6.9 million shares. The $66 strike put option expiring on July 18, 2025, recorded 3,355 contracts traded. Meanwhile, Alphabet saw an options trading volume of 299,244 contracts, representing around 29.9 million underlying shares, which is approximately 72.3% of its average daily volume of 41.4 million shares, with the $185 strike call option drawing 46,139 contracts.
