Among the components of the Russell 3000 index, notable options trading was reported on October 17, 2023. Ziff Davis Inc (ZD) experienced a significant volume of 5,815 contracts, equating to approximately 581,500 shares, which is about 61.5% of its average daily volume of 945,680 shares. The most active option was the $40 put expiring on March 20, 2026, with 1,418 contracts traded, representing around 141,800 shares.
Ulta Beauty Inc (ULTA) also witnessed high trading activity today, with 2,974 contracts trading for roughly 297,400 shares, about 61% of its average daily volume of 487,240 shares. The $710 put option expiring on November 20, 2026, saw 218 contracts, amounting to approximately 21,800 shares.
The Gap Inc (GAP) had a striking volume of 36,910 contracts, translating to approximately 3.7 million shares, or 59% of its average daily volume of 6.3 million shares. Particularly, 16,679 contracts of the $24.50 put expiring on March 06, 2026, traded, reflecting around 1.7 million underlying shares.
