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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Starbucks Corp. (Symbol: SBUX), where a total volume of 56,853 contracts has been traded thus far today, a contract volume which is representative of approximately 5.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.4% of SBUX's average daily trading volume over the past month, of 11.5 million shares. Especially high volume was seen for the $92.50 strike put option expiring June 21, 2024, with 3,800 contracts trading so far today, representing approximately 380,000 underlying shares of SBUX. Below is a chart showing SBUX's trailing twelve month trading history, with the $92.50 strike highlighted in orange:

Pentair PLC (Symbol: PNR) saw options trading volume of 5,839 contracts, representing approximately 583,900 underlying shares or approximately 48.2% of PNR's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $95 strike call option expiring November 15, 2024, with 4,200 contracts trading so far today, representing approximately 420,000 underlying shares of PNR. Below is a chart showing PNR's trailing twelve month trading history, with the $95 strike highlighted in orange:

And MP Materials Corp (Symbol: MP) saw options trading volume of 12,243 contracts, representing approximately 1.2 million underlying shares or approximately 47.3% of MP's average daily trading volume over the past month, of 2.6 million shares. Especially high volume was seen for the $5 strike put option expiring January 16, 2026, with 10,481 contracts trading so far today, representing approximately 1.0 million underlying shares of MP. Below is a chart showing MP's trailing twelve month trading history, with the $5 strike highlighted in orange:

For the various different available expirations for SBUX options, PNR options, or MP options, visit StockOptionsChannel.com.

Also see:

EUSC Historical Stock Prices
Top 10 Hedge Funds Holding Prologis
AIRG Stock Predictions

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