On [insert date], notable options trading activity was reported in the Russell 3000 index, particularly for Ares Management Corp (Symbol: ARES), which saw a total of 34,502 contracts traded, equating to about 3.5 million underlying shares and representing 74.9% of its average daily trading volume of 4.6 million shares. The $135 strike put option expiring March 20, 2026, accounted for 9,000 contracts traded, or approximately 900,000 underlying shares.
Similarly, Vulcan Materials Co (Symbol: VMC) had 10,541 contracts traded, translating to approximately 1.1 million underlying shares and making up 71.7% of its average daily trading volume of 1.5 million shares. The high volume for the $300 strike put option expiring March 20, 2026, included 5,000 contracts, representing about 500,000 underlying shares.
Advance Auto Parts Inc (Symbol: AAP) recorded options trading of 12,267 contracts, covering around 1.2 million underlying shares, which is 70.2% of its average daily trading volume of 1.7 million shares. The $50 strike call option expiring April 17, 2026, saw 3,835 contracts, representing approximately 383,500 underlying shares traded.
