Noteworthy Tuesday Option Activity: AMZN, BA, AVAV

Amazon.com Inc. (AMZN) experienced substantial options trading activity on Tuesday, with 473,881 contracts changing hands, representing approximately 47.4 million underlying shares. This volume equaled roughly 144.9% of the company's average daily trading volume over the trailing month of 32.7 million shares. Market interest was heavily concentrated in short-dated contracts, particularly the $257.50 strike call options expiring September 9, 2026, which recorded 30,580 contracts traded, representing about 3.1 million underlying shares. Notable options volume was also recorded across other Russell 3000 index constituents, including The Boeing Company (BA) and AeroVironment, Inc. (AVAV). Boeing saw 58,384 options contracts traded, accounting for 119.2% of its 30-day average daily share volume, driven by high interest in the $220 strike calls expiring September 11, 2026. Meanwhile, AeroVironment recorded 11,627 contracts, led by volume in the $142 strike put option. The surge in options turnover indicates active speculative positioning and institutional hedging across these equities.