Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Intercept Pharmaceuticals Inc (Symbol: ICPT), where a total volume of 3,833 contracts has been traded thus far today, a contract volume which is representative of approximately 383,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.9% of ICPT's average daily trading volume over the past month, of 800,460 shares. Especially high volume was seen for the $20 strike call option expiring March 18, 2022, with 3,147 contracts trading so far today, representing approximately 314,700 underlying shares of ICPT. Below is a chart showing ICPT's trailing twelve month trading history, with the $20 strike highlighted in orange:
PennyMac Financial Services Inc (Symbol: PFSI) saw options trading volume of 2,986 contracts, representing approximately 298,600 underlying shares or approximately 47.8% of PFSI's average daily trading volume over the past month, of 624,595 shares. Especially high volume was seen for the $60 strike call option expiring February 18, 2022, with 823 contracts trading so far today, representing approximately 82,300 underlying shares of PFSI. Below is a chart showing PFSI's trailing twelve month trading history, with the $60 strike highlighted in orange:
And Home Depot Inc (Symbol: HD) options are showing a volume of 21,750 contracts thus far today. That number of contracts represents approximately 2.2 million underlying shares, working out to a sizeable 45% of HD's average daily trading volume over the past month, of 4.8 million shares. Especially high volume was seen for the $360 strike call option expiring February 18, 2022, with 1,551 contracts trading so far today, representing approximately 155,100 underlying shares of HD. Below is a chart showing HD's trailing twelve month trading history, with the $360 strike highlighted in orange:
For the various different available expirations for ICPT options, PFSI options, or HD options, visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
