Noteworthy Thursday Option Activity: BFLY, INTC, ALG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Butterfly Network Inc (Symbol: BFLY), where a total volume of 50,922 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 104.5% of BFLY's average daily trading volume over the past month, of 4.9 million shares. Especially high volume was seen for the $10 strike call option expiring July 17, 2026, with 10,784 contracts trading so far today, representing approximately 1.1 million underlying shares of BFLY. Below is a chart showing BFLY's trailing twelve month trading history, with the $10 strike highlighted in orange:

Intel Corp (Symbol: INTC) saw options trading volume of 1.2 million contracts, representing approximately 124.9 million underlying shares or approximately 97.8% of INTC's average daily trading volume over the past month, of 127.7 million shares. Especially high volume was seen for the $135 strike call option expiring June 18, 2026, with 123,998 contracts trading so far today, representing approximately 12.4 million underlying shares of INTC. Below is a chart showing INTC's trailing twelve month trading history, with the $135 strike highlighted in orange:

And Alamo Group, Inc. (Symbol: ALG) options are showing a volume of 1,604 contracts thus far today. That number of contracts represents approximately 160,400 underlying shares, working out to a sizeable 97.5% of ALG's average daily trading volume over the past month, of 164,440 shares. Especially high volume was seen for the $150 strike call option expiring June 18, 2026, with 800 contracts trading so far today, representing approximately 80,000 underlying shares of ALG. Below is a chart showing ALG's trailing twelve month trading history, with the $150 strike highlighted in orange:

For the various different available expirations for BFLY options, INTC options, or ALG options, visit StockOptionsChannel.com.

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

Further BFLY Research:

• BFLY shares outstanding history
• Institutional Holders of BFLY
• Holdings Channel Articles

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