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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Costco Wholesale Corp (Symbol: COST), where a total volume of 50,542 contracts has been traded thus far today, a contract volume which is representative of approximately 5.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 274.6% of COST's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $860 strike call option expiring June 07, 2024, with 5,519 contracts trading so far today, representing approximately 551,900 underlying shares of COST. Below is a chart showing COST's trailing twelve month trading history, with the $860 strike highlighted in orange:

Yext Inc (Symbol: YEXT) saw options trading volume of 21,181 contracts, representing approximately 2.1 million underlying shares or approximately 252.4% of YEXT's average daily trading volume over the past month, of 839,195 shares. Particularly high volume was seen for the $5 strike put option expiring June 21, 2024, with 16,443 contracts trading so far today, representing approximately 1.6 million underlying shares of YEXT. Below is a chart showing YEXT's trailing twelve month trading history, with the $5 strike highlighted in orange:

And Meta Platforms Inc (Symbol: META) saw options trading volume of 271,879 contracts, representing approximately 27.2 million underlying shares or approximately 231.5% of META's average daily trading volume over the past month, of 11.7 million shares. Particularly high volume was seen for the $500 strike call option expiring June 07, 2024, with 33,113 contracts trading so far today, representing approximately 3.3 million underlying shares of META. Below is a chart showing META's trailing twelve month trading history, with the $500 strike highlighted in orange:

For the various different available expirations for COST options, YEXT options, or META options, visit StockOptionsChannel.com.

Also see:

OCIP market cap history
Top Ten Hedge Funds Holding TZW
Top Ten Hedge Funds Holding MLPR

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