Alcoa Corporation (Symbol: AA) surpassed its typical trading volume today with a total of 90,104 contracts traded, equivalent to approximately 9.0 million underlying shares, representing 147.2% of its average daily volume of 6.1 million shares. A notable spike occurred for the $40 strike put option expiring December 12, 2025, with 11,160 contracts traded, amounting to around 1.1 million underlying shares.
Similarly, Planet Labs PBC (Symbol: PL) reported options trading volume of 92,123 contracts today, representing about 9.2 million underlying shares, or 123.1% of its average daily volume of 7.5 million shares. The $15 strike call option expiring January 16, 2026, saw particularly high interest, with 8,615 contracts traded, correlating to approximately 861,500 underlying shares.
Kodiak Gas Services Inc (Symbol: KGS) had a trading volume of 25,290 contracts, translating to roughly 2.5 million underlying shares, or 120.5% of its average daily volume of 2.1 million shares. The $32.50 strike put option expiring January 16, 2026, was particularly active, with 8,002 contracts traded, representing about 800,200 underlying shares.
