Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in SoundHound AI Inc (Symbol: SOUN), where a total volume of 182,615 contracts has been traded thus far today, a contract volume which is representative of approximately 18.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 166.4% of SOUN's average daily trading volume over the past month, of 11.0 million shares. Particularly high volume was seen for the $4 strike call option expiring February 16, 2024, with 22,469 contracts trading so far today, representing approximately 2.2 million underlying shares of SOUN. Below is a chart showing SOUN's trailing twelve month trading history, with the $4 strike highlighted in orange:
Aurinia Pharmaceuticals Inc (Symbol: AUPH) options are showing a volume of 27,625 contracts thus far today. That number of contracts represents approximately 2.8 million underlying shares, working out to a sizeable 163.9% of AUPH's average daily trading volume over the past month, of 1.7 million shares. Particularly high volume was seen for the $5 strike put option expiring July 19, 2024, with 3,377 contracts trading so far today, representing approximately 337,700 underlying shares of AUPH. Below is a chart showing AUPH's trailing twelve month trading history, with the $5 strike highlighted in orange:
And Applovin Corp (Symbol: APP) options are showing a volume of 60,774 contracts thus far today. That number of contracts represents approximately 6.1 million underlying shares, working out to a sizeable 153.8% of APP's average daily trading volume over the past month, of 4.0 million shares. Especially high volume was seen for the $60 strike call option expiring February 16, 2024, with 6,865 contracts trading so far today, representing approximately 686,500 underlying shares of APP. Below is a chart showing APP's trailing twelve month trading history, with the $60 strike highlighted in orange:
For the various different available expirations for SOUN options, AUPH options, or APP options, visit StockOptionsChannel.com.
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