Notable Tuesday Option Activity: AI, MCY, GEO

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in C3.ai Inc (Symbol: AI), where a total volume of 96,188 contracts has been traded thus far today, a contract volume which is representative of approximately 9.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 108% of AI's average daily trading volume over the past month, of 8.9 million shares. Especially high volume was seen for the $25 strike call option expiring August 15, 2025, with 42,038 contracts trading so far today, representing approximately 4.2 million underlying shares of AI. Below is a chart showing AI's trailing twelve month trading history, with the $25 strike highlighted in orange:

Mercury General Corp. (Symbol: MCY) saw options trading volume of 3,281 contracts, representing approximately 328,100 underlying shares or approximately 106.7% of MCY's average daily trading volume over the past month, of 307,355 shares. Particularly high volume was seen for the $55 strike call option expiring June 20, 2025, with 1,524 contracts trading so far today, representing approximately 152,400 underlying shares of MCY. Below is a chart showing MCY's trailing twelve month trading history, with the $55 strike highlighted in orange:

And GEO Group Inc (Symbol: GEO) options are showing a volume of 24,669 contracts thus far today. That number of contracts represents approximately 2.5 million underlying shares, working out to a sizeable 103.1% of GEO's average daily trading volume over the past month, of 2.4 million shares. Particularly high volume was seen for the $30 strike call option expiring July 18, 2025, with 7,595 contracts trading so far today, representing approximately 759,500 underlying shares of GEO. Below is a chart showing GEO's trailing twelve month trading history, with the $30 strike highlighted in orange:

For the various different available expirations for AI options, MCY options, or GEO options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

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