Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Walt Disney Co. (Symbol: DIS), where a total volume of 90,009 contracts has been traded thus far today, a contract volume which is representative of approximately 9.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 104.9% of DIS's average daily trading volume over the past month, of 8.6 million shares. Particularly high volume was seen for the $150 strike call option expiring December 16, 2022, with 7,840 contracts trading so far today, representing approximately 784,000 underlying shares of DIS. Below is a chart showing DIS's trailing twelve month trading history, with the $150 strike highlighted in orange:
Adobe Inc (Symbol: ADBE) saw options trading volume of 44,203 contracts, representing approximately 4.4 million underlying shares or approximately 89.7% of ADBE's average daily trading volume over the past month, of 4.9 million shares. Especially high volume was seen for the $290 strike put option expiring December 16, 2022, with 6,067 contracts trading so far today, representing approximately 606,700 underlying shares of ADBE. Below is a chart showing ADBE's trailing twelve month trading history, with the $290 strike highlighted in orange:
And iRhythm Technologies Inc (Symbol: IRTC) options are showing a volume of 2,633 contracts thus far today. That number of contracts represents approximately 263,300 underlying shares, working out to a sizeable 86.4% of IRTC's average daily trading volume over the past month, of 304,810 shares. Especially high volume was seen for the $165 strike call option expiring October 21, 2022, with 757 contracts trading so far today, representing approximately 75,700 underlying shares of IRTC. Below is a chart showing IRTC's trailing twelve month trading history, with the $165 strike highlighted in orange:
For the various different available expirations for DIS options, ADBE options, or IRTC 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.