Noteworthy Wednesday Option Activity: SERV, SNDK, AMD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Serve Robotics Inc. (Symbol: SERV), where a total volume of 47,245 contracts has been traded thus far today, a contract volume which is representative of approximately 4.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 81.6% of SERV's average daily trading volume over the past month, of 5.8 million shares. Particularly high volume was seen for the $11 strike call option expiring July 17, 2026, with 32,076 contracts trading so far today, representing approximately 3.2 million underlying shares of SERV. Below is a chart showing SERV's trailing twelve month trading history, with the $11 strike highlighted in orange:

SanDisk Corp (Symbol: SNDK) options are showing a volume of 93,507 contracts thus far today. That number of contracts represents approximately 9.4 million underlying shares, working out to a sizeable 80.4% of SNDK's average daily trading volume over the past month, of 11.6 million shares. Especially high volume was seen for the $1350 strike put option expiring June 18, 2026, with 4,151 contracts trading so far today, representing approximately 415,100 underlying shares of SNDK. Below is a chart showing SNDK's trailing twelve month trading history, with the $1350 strike highlighted in orange:

And Advanced Micro Devices Inc (Symbol: AMD) options are showing a volume of 241,295 contracts thus far today. That number of contracts represents approximately 24.1 million underlying shares, working out to a sizeable 74.9% of AMD's average daily trading volume over the past month, of 32.2 million shares. Particularly high volume was seen for the $500 strike call option expiring June 12, 2026, with 11,131 contracts trading so far today, representing approximately 1.1 million underlying shares of AMD. Below is a chart showing AMD's trailing twelve month trading history, with the $500 strike highlighted in orange:

For the various different available expirations for SERV options, SNDK options, or AMD options, visit StockOptionsChannel.com.

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

Further SERV Research:

• SERV Split History
• Top Ten Hedge Funds Holding SERV
• Cheap Financial Stocks

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