Notable Thursday Option Activity: GXO, PUBM, ITT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GXO Logistics Inc (Symbol: GXO), where a total volume of 10,404 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 80.6% of GXO's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $42.50 strike put option expiring November 20, 2026, with 5,022 contracts trading so far today, representing approximately 502,200 underlying shares of GXO. Below is a chart showing GXO's trailing twelve month trading history, with the $42.50 strike highlighted in orange:
PubMatic Inc (Symbol: PUBM) options are showing a volume of 4,724 contracts thus far today. That number of contracts represents approximately 472,400 underlying shares, working out to a sizeable 73.4% of PUBM's average daily trading volume over the past month, of 643,310 shares. Especially high volume was seen for the $22.50 strike call option expiring October 16, 2026, with 4,494 contracts trading so far today, representing approximately 449,400 underlying shares of PUBM. Below is a chart showing PUBM's trailing twelve month trading history, with the $22.50 strike highlighted in orange:
And ITT Inc (Symbol: ITT) options are showing a volume of 5,532 contracts thus far today. That number of contracts represents approximately 553,200 underlying shares, working out to a sizeable 72% of ITT's average daily trading volume over the past month, of 768,210 shares. Particularly high volume was seen for the $195 strike put option expiring October 16, 2026, with 2,751 contracts trading so far today, representing approximately 275,100 underlying shares of ITT. Below is a chart showing ITT's trailing twelve month trading history, with the $195 strike highlighted in orange:
For the various different available expirations for GXO options, PUBM options, or ITT options, visit StockOptionsChannel.com.
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