Notable Options Activity in the Russell 3000 Index
Today, significant options trading activity has been observed within the Russell 3000 index, highlighting key players like Quanex Building Products Corp (Symbol: NX), First Solar Inc (Symbol: FSLR), and PURE Storage Inc (Symbol: PSTG). Each of these companies showcases distinct trading patterns that may interest investors.
Quanex Building Products Corp (NX)
Quanex Building Products Corp has experienced considerable options trading volume, with a total of 1,524 contracts changing hands, equivalent to about 152,400 shares. This trading volume constitutes roughly 48.2% of NX’s average daily activity over the past month, which stands at 316,410 shares. A significant focus has been placed on the $15 strike put option, which is set to expire on June 20, 2025. Within this segment, 1,512 contracts have already been traded today, representing around 151,200 shares.
First Solar Inc (FSLR)
First Solar has also made waves in the options market, recording a trading volume of 30,719 contracts. This number translates to approximately 3.1 million underlying shares, accounting for about 46.8% of FSLR’s average daily trading volume of 6.6 million shares in the past month. A notable highlight is the $180 strike call option, also expiring on June 20, 2025, with 11,902 contracts traded, reflecting around 1.2 million underlying shares.
PURE Storage Inc (PSTG)
Meanwhile, PURE Storage Inc is witnessing active options trading, with 12,109 contracts exchanged thus far. This figure represents about 1.2 million underlying shares and amounts to 46.3% of PSTG’s average monthly volume of 2.6 million shares. The $60 strike call option, expiring on June 20, 2025, is especially prominent, with 5,742 contracts already traded, translating to approximately 574,200 shares.
Exploring Expiration Dates
For those interested in additional expiration dates and specific options for NX, FSLR, or PSTG, resources are available at StockOptionsChannel.com. These platforms offer a variety of options data, allowing traders to explore different strategies based on their investment goals.
Conclusion
The current trading landscape in the Russell 3000 index is marked by significant options activity across several companies. Investors should stay informed on these movements, as they can signal potential opportunities in the stock market.