Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CAI International Inc (Symbol: CAI), where a total volume of 1,054 contracts has been traded thus far today, a contract volume which is representative of approximately 105,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.6% of CAI's average daily trading volume over the past month, of 247,635 shares. Particularly high volume was seen for the $35 strike call option expiring January 19, 2018 , with 330 contracts trading so far today, representing approximately 33,000 underlying shares of CAI. Below is a chart showing CAI's trailing twelve month trading history, with the $35 strike highlighted in orange:
3M Co (Symbol: MMM) options are showing a volume of 7,614 contracts thus far today. That number of contracts represents approximately 761,400 underlying shares, working out to a sizeable 42.2% of MMM's average daily trading volume over the past month, of 1.8 million shares. Particularly high volume was seen for the $240 strike call option expiring December 15, 2017 , with 473 contracts trading so far today, representing approximately 47,300 underlying shares of MMM. Below is a chart showing MMM's trailing twelve month trading history, with the $240 strike highlighted in orange:
And Mylan NV (Symbol: MYL) options are showing a volume of 23,050 contracts thus far today. That number of contracts represents approximately 2.3 million underlying shares, working out to a sizeable 41.9% of MYL's average daily trading volume over the past month, of 5.5 million shares. Especially high volume was seen for the $42.50 strike call option expiring January 19, 2018 , with 8,973 contracts trading so far today, representing approximately 897,300 underlying shares of MYL. Below is a chart showing MYL's trailing twelve month trading history, with the $42.50 strike highlighted in orange:
For the various different available expirations for CAI options , MMM options , or MYL 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.
