Noteworthy Thursday Option Activity: GCT, AVBP, ENVX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GigaCloud Technology Inc (Symbol: GCT), where a total volume of 2,930 contracts has been traded thus far today, a contract volume which is representative of approximately 293,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.6% of GCT's average daily trading volume over the past month, of 467,795 shares. Especially high volume was seen for the $55 strike call option expiring March 20, 2026, with 589 contracts trading so far today, representing approximately 58,900 underlying shares of GCT. Below is a chart showing GCT's trailing twelve month trading history, with the $55 strike highlighted in orange:

ArriVent Biopharma Inc (Symbol: AVBP) saw options trading volume of 2,936 contracts, representing approximately 293,600 underlying shares or approximately 62.3% of AVBP's average daily trading volume over the past month, of 471,065 shares. Especially high volume was seen for the $30 strike call option expiring March 20, 2026, with 2,861 contracts trading so far today, representing approximately 286,100 underlying shares of AVBP. Below is a chart showing AVBP's trailing twelve month trading history, with the $30 strike highlighted in orange:

And Enovix Corp (Symbol: ENVX) saw options trading volume of 38,808 contracts, representing approximately 3.9 million underlying shares or approximately 62.2% of ENVX's average daily trading volume over the past month, of 6.2 million shares. Particularly high volume was seen for the $7 strike call option expiring March 20, 2026, with 10,228 contracts trading so far today, representing approximately 1.0 million underlying shares of ENVX. Below is a chart showing ENVX's trailing twelve month trading history, with the $7 strike highlighted in orange:

For the various different available expirations for GCT options, AVBP options, or ENVX options, visit StockOptionsChannel.com.

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

Also see:

• Technology Dividend Stock List
• Funds Holding KBWP
• PFXF Average Annual Return

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