Among the components of the Russell 3000 index, significant options trading activity was observed on October 6, 2023. Flagstar Bank (FLG) saw a total of 51,334 contracts traded, equating to approximately 5.1 million underlying shares, surpassing its average daily volume of 5.0 million shares by 102.1%. Notably, the $15 strike call option expiring on May 15, 2026, contributed 25,362 contracts, representing about 2.5 million shares.
CVR Energy Inc (CVI) experienced a trading volume of 15,409 contracts, translating to around 1.5 million underlying shares, which matched 100.2% of its average daily volume. The $35 strike call option, also expiring on May 15, 2026, had 6,059 contracts traded, representing approximately 605,900 shares.
Reddit Inc (RDDT) recorded 33,052 contracts traded today, comprising about 3.3 million underlying shares, which is 76.2% of its monthly average. The $160 strike call option set to expire on April 17, 2026, saw 3,572 contracts traded, representing roughly 357,200 shares.
