Notable Monday Option Activity: PLTR, SON, APLD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Palantir Technologies Inc (Symbol: PLTR), where a total volume of 338,707 contracts has been traded thus far today, a contract volume which is representative of approximately 33.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 70% of PLTR’s average daily trading volume over the past month, of 48.4 million shares. Particularly high volume was seen for the $155 strike call option expiring April 02, 2026, with 18,555 contracts trading so far today, representing approximately 1.9 million underlying shares of PLTR. Below is a chart showing PLTR’s trailing twelve month trading history, with the $155 strike highlighted in orange:

Sonoco Products Co. (Symbol: SON) saw options trading volume of 5,675 contracts, representing approximately 567,500 underlying shares or approximately 65.6% of SON’s average daily trading volume over the past month, of 864,955 shares.
Particularly high volume was seen for the $60 strike call option expiring May 15, 2026, with 2,780 contracts trading so far today, representing approximately 278,000 underlying shares of SON. Below is a chart showing SON’s trailing twelve month trading history, with the $60 strike highlighted in orange:

And Applied Digital Corporation (Symbol: APLD) options are showing a volume of 102,143 contracts thus far today. That number of contracts represents approximately 10.2 million underlying shares, working out to a sizeable 65.2% of APLD’s average daily trading volume over the past month, of 15.7 million shares.
Particularly high volume was seen for the $24 strike call option expiring April 02, 2026, with 5,025 contracts trading so far today, representing approximately 502,500 underlying shares of APLD. Below is a chart showing APLD’s trailing twelve month trading history, with the $24 strike highlighted in orange:

For the various different available expirations for PLTR options, SON options, or APLD options, visit StockOptionsChannel.com.

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

Also see:

• Cheap Technology Shares
• UCAR Options Chain
• Materials Stocks Hedge Funds Are Selling

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