Russell 3000 Index Notable Option Activity: APP, FLGT, AI

Notable option activity was seen in Applovin Corp (APP), Fulgent Genetics Inc (FLGT), and C3.ai Inc (AI) with high volumes traded for various strike prices. APP saw 40,921 contracts traded, while FLGT and AI had 1,551 and 37,252 contracts traded, respectively. These volumes represent approximately 73.5%, 73.4%, and 69.1% of their average daily trading volumes over the past month.

Notable option activity was observed in Applovin Corp (APP), Fulgent Genetics Inc (FLGT), and C3.ai Inc (AI) on July 2, 2025, with high volumes traded for various strike prices. APP saw 40,921 contracts traded, while FLGT and AI had 1,551 and 37,252 contracts traded, respectively. These volumes represent approximately 73.5%, 73.4%, and 69.1% of their average daily trading volumes over the past month.

Applovin Corp (APP) had a significant trading volume of 40,921 contracts, which corresponds to approximately 4.1 million underlying shares. This volume is 73.5% of APP's average daily trading volume over the past month. Notably, the $400 strike call option expiring on July 25, 2025, saw particularly high activity with 3,903 contracts traded, representing approximately 390,300 underlying shares.

Fulgent Genetics Inc (FLGT) also experienced substantial option trading activity with 1,551 contracts traded, equating to approximately 155,100 underlying shares. This volume represents 73.4% of FLGT's average daily trading volume over the past month. The $30 strike call option expiring on January 16, 2026, was particularly active with 1,503 contracts traded, representing approximately 150,300 underlying shares.

C3.ai Inc (AI) saw a high volume of 37,252 contracts traded, which corresponds to approximately 3.7 million underlying shares. This volume is 69.1% of AI's average daily trading volume over the past month. The $28 strike call option expiring on July 18, 2025, was especially active with 3,951 contracts traded, representing approximately 395,100 underlying shares.

Investors and financial professionals should keep an eye on these developments, as significant option activity can often indicate market sentiment and potential future price movements.

References:
[1] https://www.nasdaq.com/articles/notable-tuesday-option-activity-app-flgt-ai
[2] https://finance.yahoo.com/news/ai-may-determine-price-next-154223339.html
[3] https://www.stocktitan.net/news/FLGT/