Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Affirm Holdings Inc (Symbol: AFRM), where a total volume of 104,403 contracts has been traded thus far today, a contract volume which is representative of approximately 10.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56% of AFRM’s average daily trading volume over the past month, of 18.6 million shares. Especially high volume was seen for the $14 strike call option expiring July 07, 2023, with 7,850 contracts trading so far today, representing approximately 785,000 underlying shares of AFRM. Below is a chart showing AFRM’s trailing twelve month trading history, with the $14 strike highlighted in orange:
United Parcel Service Inc (Symbol: UPS) saw options trading volume of 23,258 contracts, representing approximately 2.3 million underlying shares or approximately 55.4% of UPS’s average daily trading volume over the past month, of 4.2 million shares.
Especially high volume was seen for the $170 strike put option expiring July 14, 2023, with 3,188 contracts trading so far today, representing approximately 318,800 underlying shares of UPS. Below is a chart showing UPS’s trailing twelve month trading history, with the $170 strike highlighted in orange:
And Super Micro Computer Inc (Symbol: SMCI) saw options trading volume of 16,231 contracts, representing approximately 1.6 million underlying shares or approximately 55.1% of SMCI’s average daily trading volume over the past month, of 2.9 million shares.
Especially high volume was seen for the $240 strike put option expiring July 07, 2023, with 1,177 contracts trading so far today, representing approximately 117,700 underlying shares of SMCI. Below is a chart showing SMCI’s trailing twelve month trading history, with the $240 strike highlighted in orange:
For the various different available expirations for AFRM options, UPS options, or SMCI options, visit StockOptionsChannel.com.
Also see:
Average Annual Return
Funds Holding ITC
ETFs Holding EDGE
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
