Noteworthy Friday Option Activity: CBL, AAOI, MSFT

JJ Bounty

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in CBL & Associates Properties Inc (Symbol: CBL), where a total of 4,315 contracts have traded so far, representing approximately 431,500 underlying shares. That amounts to about 152.6% of CBL’s average daily trading volume over the past month of 282,835 shares. Especially high volume was seen for the $65 strike call option expiring September 18, 2026, with 4,244 contracts trading so far today, representing approximately 424,400 underlying shares of CBL. Below is a chart showing CBL’s trailing twelve month trading history, with the $65 strike highlighted in orange:

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Applied Optoelectronics Inc (Symbol: AAOI) saw options trading volume of 125,741 contracts, representing approximately 12.6 million underlying shares or approximately 107.7% of AAOI’s average daily trading volume over the past month, of 11.7 million shares.
Particularly high volume was seen for the $150 strike call option expiring August 14, 2026, with 10,881 contracts trading so far today, representing approximately 1.1 million underlying shares of AAOI. Below is a chart showing AAOI’s trailing twelve month trading history, with the $150 strike highlighted in orange:

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And Microsoft Corporation (Symbol: MSFT) options are showing a volume of 388,667 contracts thus far today. That number of contracts represents approximately 38.9 million underlying shares, working out to a sizeable 100.7% of MSFT’s average daily trading volume over the past month, of 38.6 million shares.
Particularly high volume was seen for the $500 strike call option expiring August 14, 2026, with 57,374 contracts trading so far today, representing approximately 5.7 million underlying shares of MSFT. Below is a chart showing MSFT’s trailing twelve month trading history, with the $500 strike highlighted in orange:

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For the various different available expirations for CBL options, AAOI options, or MSFT options, visit StockOptionsChannel.com.

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