Midweek trading saw remarkable options action in companies comprising the Russell 3000 index. Notably, GUESS Inc. (Symbol: GES) surged, with a substantial options trading volume of 18,063 contracts today, representing around 1.8 million underlying shares. This explosive surge corresponds to roughly 205.4% of GES’s average daily trading volume over the past month. Incredibly, the $23 strike put option expiring January 19, 2024, witnessed 7,290 contracts trading today, corresponding to approximately 729,000 underlying shares of GES.
On the other hand, Advanced Micro Devices Inc (Symbol: AMD) showcased an impressive options trading volume of 907,399 contracts, representing roughly 90.7 million underlying shares, equivalent to approximately 149.5% of AMD’s average daily trading volume over the past month. Standout trading was observed for the $160 strike call option expiring January 19, 2024, with 129,602 contracts trading today, representing about 13.0 million underlying shares of AMD.
Meanwhile, Madison Square Garden Sports Corp (Symbol: MSGS) recorded 1,485 contracts in options trading, representing roughly 148,500 underlying shares or about 115.4% of MSGS’s average daily trading volume over the past month. Notably, the $185 strike call option expiring February 16, 2024, attracted 661 contracts today, equivalent to approximately 66,100 underlying shares of MSGS.
For the complete array of available expirations for GES, AMD, and MSGS options, interested parties can visit StockOptionsChannel.com.
