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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Arista Networks Inc (Symbol: ANET), where a total volume of 25,229 contracts has been traded thus far today, a contract volume which is representative of approximately 2.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 93.9% of ANET's average daily trading volume over the past month, of 2.7 million shares. Especially high volume was seen for the $310 strike call option expiring May 24, 2024, with 2,414 contracts trading so far today, representing approximately 241,400 underlying shares of ANET. Below is a chart showing ANET's trailing twelve month trading history, with the $310 strike highlighted in orange:

Lam Research Corp (Symbol: LRCX) saw options trading volume of 7,455 contracts, representing approximately 745,500 underlying shares or approximately 86.8% of LRCX's average daily trading volume over the past month, of 858,575 shares. Particularly high volume was seen for the $1000 strike call option expiring May 24, 2024, with 3,338 contracts trading so far today, representing approximately 333,800 underlying shares of LRCX. Below is a chart showing LRCX's trailing twelve month trading history, with the $1000 strike highlighted in orange:

And Toro Company (Symbol: TTC) options are showing a volume of 6,950 contracts thus far today. That number of contracts represents approximately 695,000 underlying shares, working out to a sizeable 86.7% of TTC's average daily trading volume over the past month, of 801,690 shares. Particularly high volume was seen for the $90 strike call option expiring June 21, 2024, with 3,286 contracts trading so far today, representing approximately 328,600 underlying shares of TTC. Below is a chart showing TTC's trailing twelve month trading history, with the $90 strike highlighted in orange:

For the various different available expirations for ANET options, LRCX options, or TTC options, visit StockOptionsChannel.com.

Also see:

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.