Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Avanos Medical Inc (Symbol: AVNS), where a total volume of 2,665 contracts has been traded thus far today, a contract volume which is representative of approximately 266,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 105.9% of AVNS's average daily trading volume over the past month, of 251,545 shares. Especially high volume was seen for the $50 strike call option expiring March 15, 2019 , with 1,319 contracts trading so far today, representing approximately 131,900 underlying shares of AVNS. Below is a chart showing AVNS's trailing twelve month trading history, with the $50 strike highlighted in orange:
Tilly's Inc (Symbol: TLYS) options are showing a volume of 3,555 contracts thus far today. That number of contracts represents approximately 355,500 underlying shares, working out to a sizeable 101.4% of TLYS's average daily trading volume over the past month, of 350,660 shares. Particularly high volume was seen for the $6.50 strike call option expiring March 15, 2019 , with 3,500 contracts trading so far today, representing approximately 350,000 underlying shares of TLYS. Below is a chart showing TLYS's trailing twelve month trading history, with the $6.50 strike highlighted in orange:
And State Auto Financial Corp. (Symbol: STFC) options are showing a volume of 560 contracts thus far today. That number of contracts represents approximately 56,000 underlying shares, working out to a sizeable 97.4% of STFC's average daily trading volume over the past month, of 57,490 shares. Especially high volume was seen for the $35 strike put option expiring August 16, 2019 , with 500 contracts trading so far today, representing approximately 50,000 underlying shares of STFC. Below is a chart showing STFC's trailing twelve month trading history, with the $35 strike highlighted in orange:
For the various different available expirations for AVNS options , TLYS options , or STFC options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Credit: Shutterstock photo