Unusual Options Activity in Russell 3000 Components

Today, notable options trading is reported in Applied Digital Corporation (Symbol: APLD) with a total of 346,259 contracts traded. This volume corresponds to about 34.6 million underlying shares, equating to 95.7% of APLD’s average daily trading volume of 36.2 million shares over the past month. The $10 strike call option expiring on June 06, 2025, stands out with 30,628 contracts traded, representing approximately 3.1 million underlying shares.

e.l.f. Beauty Inc (Symbol: ELF) recorded a trading volume of 27,274 contracts today. This represents around 2.7 million underlying shares, making up 79% of ELF’s average daily trading volume of 3.5 million shares over the past month. The $120 strike call option expiring on June 06, 2025, also saw significant activity, with 6,254 contracts traded, accounting for approximately 625,400 underlying shares.

Kodiak Gas Services Inc (Symbol: KGS) experienced options trading volume of 7,035 contracts, representing about 703,500 underlying shares. This is approximately 72.7% of KGS’s average daily trading volume of 967,775 shares over the past month. The $40 strike call option expiring on July 18, 2025, had particularly high volume with 3,522 contracts traded, corresponding to approximately 352,200 underlying shares.