Noteworthy Tuesday Option Activity: FCX, PRCT, BAC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Freeport-McMoran Copper & Gold (Symbol: FCX), where a total volume of 98,099 contracts has been traded thus far today, a contract volume which is representative of approximately 9.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.3% of FCX's average daily trading volume over the past month, of 22.2 million shares. Particularly high volume was seen for the $75 strike call option expiring March 20, 2026, with 6,911 contracts trading so far today, representing approximately 691,100 underlying shares of FCX. Below is a chart showing FCX's trailing twelve month trading history, with the $75 strike highlighted in orange:

PROCEPT BioRobotics Corp (Symbol: PRCT) options are showing a volume of 5,378 contracts thus far today. That number of contracts represents approximately 537,800 underlying shares, working out to a sizeable 44% of PRCT's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $30 strike call option expiring March 20, 2026, with 4,733 contracts trading so far today, representing approximately 473,300 underlying shares of PRCT. Below is a chart showing PRCT's trailing twelve month trading history, with the $30 strike highlighted in orange:

And Bank of America Corp (Symbol: BAC) options are showing a volume of 169,846 contracts thus far today. That number of contracts represents approximately 17.0 million underlying shares, working out to a sizeable 43.6% of BAC's average daily trading volume over the past month, of 38.9 million shares. Particularly high volume was seen for the $50 strike put option expiring April 17, 2026, with 7,181 contracts trading so far today, representing approximately 718,100 underlying shares of BAC. Below is a chart showing BAC's trailing twelve month trading history, with the $50 strike highlighted in orange:

For the various different available expirations for FCX options, PRCT options, or BAC options, visit StockOptionsChannel.com.

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