Noteworthy Options Trading Activity in the Russell 3000 Index
In the realm of options trading today, several stocks within the Russell 3000 index are capturing significant attention. Here’s a closer look at the activities surrounding O-I Glass Inc., AMC Entertainment Holdings Inc., and First Solar Inc.
O-I Glass Inc. (Symbol: OI)
O-I Glass Inc. has experienced a remarkable surge in options trading today. A total of 5,991 contracts have been executed, equating to around 599,100 underlying shares. This trading volume represents approximately 50.8% of OI’s average daily trading volume of 1.2 million shares over the last month.
Notably, there has been particularly high engagement with the $16 strike call option, set to expire on December 19, 2025. So far, 3,212 contracts have traded, translating to about 321,200 underlying shares. This spike may indicate traders’ interest in OI’s potential movement up to this strike price.
AMC Entertainment Holdings Inc. (Symbol: AMC)
Next on our list is AMC Entertainment Holdings Inc., which has also seen substantial options trading today. The total volume has reached 68,651 contracts, correlating to approximately 6.9 million underlying shares, or around 49.1% of AMC’s average daily trading volume of 14.0 million shares over the prior month.
Among the noteworthy actions, the $3.50 strike call option expiring on June 27, 2025 has garnered significant attention with 12,299 contracts traded, accounting for nearly 1.2 million underlying shares. This level of trading activity suggests heightened investor interest in AMC’s future performance.
First Solar Inc. (Symbol: FSLR)
Finally, First Solar Inc. has showcased an impressive options trading landscape today. The overall volume stands at 23,608 contracts, which translates to roughly 2.4 million underlying shares. This figure is equivalent to about 48.8% of FSLR’s average daily trading volume of 4.8 million shares during the past month.
A key highlight is the $160 strike call option, expiring on June 27, 2025, where 1,316 contracts have been traded, resulting in roughly 131,600 underlying shares. This level of activity indicates a keen interest from investors regarding FSLR’s price action.
For those interested in exploring the various available expirations for options on OI, AMC, or FSLR, further details can be found at StockOptionsChannel.com.
Today’s Key Takeaways in Options Trading Volumes
- O-I Glass Inc. (OI): 5,991 contracts traded; $16 strike call option sees substantial activity.
- AMC Entertainment Holdings Inc. (AMC): 68,651 total contracts; $3.50 strike call option draws significant investor attention.
- First Solar Inc. (FSLR): 23,608 contracts traded; focus on the $160 strike call option.
This vibrant landscape of options trading indicates a strong engagement and varied strategies being employed by investors, reflecting their outlook on market movements for these particular stocks.