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Noteworthy Tuesday Option Activity: HAL, MSTR, ZS

BNK Invest
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⚡ Quantum Brief
Unusual options activity surged on March 3, 2026, for three Russell 3000 stocks: Halliburton (HAL), MicroStrategy (MSTR), and Zscaler (ZS), with volumes exceeding their monthly averages. Halliburton saw 119,144 contracts traded—matching its 11.9 million average daily share volume—highlighted by 30,252 calls at the $27 strike expiring March 20, 2026, covering 3 million shares. MicroStrategy’s options volume hit 240,003 contracts (94% of its monthly average), with 8,561 calls at the $140 strike expiring March 6, 2026, representing 856,100 underlying shares. Zscaler recorded 26,151 contracts (70.4% of its average), dominated by 7,600 puts at the $270 strike expiring March 20, 2026, tied to 760,000 shares. The activity suggests heightened trader interest in near-term price movements, particularly for HAL’s calls and ZS’s puts, indicating contrasting bullish and bearish bets.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Markets HAL Noteworthy Tuesday Option Activity: HAL, MSTR, ZS March 03, 2026 — 03:21 pm EST Written by BNK Invest for BNK Invest-> Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Halliburton Company (Symbol: HAL), where a total of 119,144 contracts have traded so far, representing approximately 11.9 million underlying shares. That amounts to about 100.4% of HAL's average daily trading volume over the past month of 11.9 million shares. Particularly high volume was seen for the $27 strike call option expiring March 20, 2026, with 30,252 contracts trading so far today, representing approximately 3.0 million underlying shares of HAL. Below is a chart showing HAL's trailing twelve month trading history, with the $27 strike highlighted in orange: Strategy Inc (Symbol: MSTR) saw options trading volume of 240,003 contracts, representing approximately 24.0 million underlying shares or approximately 94% of MSTR's average daily trading volume over the past month, of 25.5 million shares. Particularly high volume was seen for the $140 strike call option expiring March 06, 2026, with 8,561 contracts trading so far today, representing approximately 856,100 underlying shares of MSTR. Below is a chart showing MSTR's trailing twelve month trading history, with the $140 strike highlighted in orange: And Zscaler Inc (Symbol: ZS) options are showing a volume of 26,151 contracts thus far today. That number of contracts represents approximately 2.6 million underlying shares, working out to a sizeable 70.4% of ZS's average daily trading volume over the past month, of 3.7 million shares. Especially high volume was seen for the $270 strike put option expiring March 20, 2026, with 7,600 contracts trading so far today, representing approximately 760,000 underlying shares of ZS. Below is a chart showing ZS's trailing twelve month trading history, with the $270 strike highlighted in orange: For the various different available expirations for HAL options, MSTR options, or ZS options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Also see: • RJF Dividend History • HLIO Dividend Growth Rate • Top Ten Hedge Funds Holding JHCB The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Tags MarketsStocksOptions BNK Invest BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally. RJF Dividend History-> HLIO Dividend Growth Rate-> Top Ten Hedge Funds Holding JHCB-> More articles by this source-> Stocks mentioned HAL MSTR ZS More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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