Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Textainer Group Holdings Ltd (Symbol: TGH), where a total volume of 1,482 contracts has been traded thus far today, a contract volume which is representative of approximately 148,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.5% of TGH's average daily trading volume over the past month, of 356,745 shares. Especially high volume was seen for the $40 strike call option expiring February 18, 2022, with 597 contracts trading so far today, representing approximately 59,700 underlying shares of TGH. Below is a chart showing TGH's trailing twelve month trading history, with the $40 strike highlighted in orange:
Electronic Arts, Inc. (Symbol: EA) saw options trading volume of 10,964 contracts, representing approximately 1.1 million underlying shares or approximately 41.2% of EA's average daily trading volume over the past month, of 2.7 million shares. Particularly high volume was seen for the $160 strike call option expiring February 18, 2022, with 2,316 contracts trading so far today, representing approximately 231,600 underlying shares of EA. Below is a chart showing EA's trailing twelve month trading history, with the $160 strike highlighted in orange:
And KB Home (Symbol: KBH) saw options trading volume of 12,620 contracts, representing approximately 1.3 million underlying shares or approximately 40.7% of KBH's average daily trading volume over the past month, of 3.1 million shares. Especially high volume was seen for the $48 strike call option expiring February 18, 2022, with 5,195 contracts trading so far today, representing approximately 519,500 underlying shares of KBH. Below is a chart showing KBH's trailing twelve month trading history, with the $48 strike highlighted in orange:
For the various different available expirations for TGH options, EA options, or KBH 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.
