Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cirrus Logic Inc (Symbol: CRUS), where a total volume of 4,130 contracts has been traded thus far today, a contract volume which is representative of approximately 413,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 89.7% of CRUS's average daily trading volume over the past month, of 460,320 shares. Especially high volume was seen for the $90 strike call option expiring February 18, 2022, with 674 contracts trading so far today, representing approximately 67,400 underlying shares of CRUS. Below is a chart showing CRUS's trailing twelve month trading history, with the $90 strike highlighted in orange:
GUESS ?, Inc. (Symbol: GES) saw options trading volume of 8,013 contracts, representing approximately 801,300 underlying shares or approximately 88.5% of GES's average daily trading volume over the past month, of 905,835 shares. Especially high volume was seen for the $22 strike put option expiring March 18, 2022, with 3,831 contracts trading so far today, representing approximately 383,100 underlying shares of GES. Below is a chart showing GES's trailing twelve month trading history, with the $22 strike highlighted in orange:
And American Outdoor Brands Inc (Symbol: AOUT) saw options trading volume of 1,279 contracts, representing approximately 127,900 underlying shares or approximately 81.7% of AOUT's average daily trading volume over the past month, of 156,540 shares. Particularly high volume was seen for the $20 strike put option expiring February 18, 2022, with 500 contracts trading so far today, representing approximately 50,000 underlying shares of AOUT. Below is a chart showing AOUT's trailing twelve month trading history, with the $20 strike highlighted in orange:
For the various different available expirations for CRUS options, GES options, or AOUT 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.
