Notable Friday Option Activity: APLD, ORIC, TRUP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Applied Digital Corporation (APLD), where a total volume of 56,783 contracts has been traded thus far today, a contract volume which is representative of approximately 5.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43% of APLD's average daily trading volume over the past month, of 13.2 million shares..