Noteworthy Thursday Option Activity: LSTR, ORCL, AKAM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Landstar System, Inc. (Symbol: LSTR), where a total volume of 1,840 contracts has been traded thus far today, a contract volume which is representative of approximately 184,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.3% of LSTR's average daily trading volume over the past month, of 425,170 shares. Especially high volume was seen for the $130 strike put option expiring October 17, 2025, with 1,762 contracts trading so far today, representing approximately 176,200 underlying shares of LSTR. Below is a chart showing LSTR's trailing twelve month trading history, with the $130 strike highlighted in orange:

Oracle Corp (Symbol: ORCL) options are showing a volume of 46,044 contracts thus far today. That number of contracts represents approximately 4.6 million underlying shares, working out to a sizeable 43.1% of ORCL's average daily trading volume over the past month, of 10.7 million shares. Particularly high volume was seen for the $110 strike put option expiring June 20, 2025, with 3,107 contracts trading so far today, representing approximately 310,700 underlying shares of ORCL. Below is a chart showing ORCL's trailing twelve month trading history, with the $110 strike highlighted in orange:

And Akamai Technologies Inc (Symbol: AKAM) saw options trading volume of 8,065 contracts, representing approximately 806,500 underlying shares or approximately 42.7% of AKAM's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $105 strike call option expiring June 20, 2025, with 2,252 contracts trading so far today, representing approximately 225,200 underlying shares of AKAM. Below is a chart showing AKAM's trailing twelve month trading history, with the $105 strike highlighted in orange:

For the various different available expirations for LSTR options, ORCL options, or AKAM options, visit StockOptionsChannel.com.

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

Also see:

• Department Stores Dividend Stocks
• Top Ten Hedge Funds Holding REUN
• Institutional Holders of USTR

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