Noteworthy Thursday Option Activity: SATS, ALAB, QCOM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in EchoStar Corp (Symbol: SATS), where a total volume of 87,272 contracts has been traded thus far today, a contract volume which is representative of approximately 8.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 72.1% of SATS's average daily trading volume over the past month, of 12.1 million shares. Especially high volume was seen for the $85 strike put option expiring December 18, 2026, with 15,279 contracts trading so far today, representing approximately 1.5 million underlying shares of SATS. Below is a chart showing SATS's trailing twelve month trading history, with the $85 strike highlighted in orange:

Astera Labs Inc (Symbol: ALAB) saw options trading volume of 42,773 contracts, representing approximately 4.3 million underlying shares or approximately 70.1% of ALAB's average daily trading volume over the past month, of 6.1 million shares. Especially high volume was seen for the $420 strike call option expiring June 18, 2026, with 2,636 contracts trading so far today, representing approximately 263,600 underlying shares of ALAB. Below is a chart showing ALAB's trailing twelve month trading history, with the $420 strike highlighted in orange:

And Qualcomm Inc (Symbol: QCOM) saw options trading volume of 146,753 contracts, representing approximately 14.7 million underlying shares or approximately 69% of QCOM's average daily trading volume over the past month, of 21.3 million shares. Particularly high volume was seen for the $230 strike call option expiring June 18, 2026, with 14,244 contracts trading so far today, representing approximately 1.4 million underlying shares of QCOM. Below is a chart showing QCOM's trailing twelve month trading history, with the $230 strike highlighted in orange:

For the various different available expirations for SATS options, ALAB options, or QCOM options, visit StockOptionsChannel.com.

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

Further SATS Research:

• EchoStar MACD
• EchoStar market cap history
• Semiconductors Dividend Stocks

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