Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Target Corp (Symbol: TGT), where a total volume of 25,856 contracts has been traded thus far today, a contract volume which is representative of approximately 2.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.6% of TGT's average daily trading volume over the past month, of 5.9 million shares. Especially high volume was seen for the $155 strike call option expiring August 28, 2020, with 2,523 contracts trading so far today, representing approximately 252,300 underlying shares of TGT. Below is a chart showing TGT's trailing twelve month trading history, with the $155 strike highlighted in orange:
Electronic Arts, Inc. (Symbol: EA) options are showing a volume of 8,138 contracts thus far today. That number of contracts represents approximately 813,800 underlying shares, working out to a sizeable 43.3% of EA's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $145 strike call option expiring August 28, 2020, with 626 contracts trading so far today, representing approximately 62,600 underlying shares of EA. Below is a chart showing EA's trailing twelve month trading history, with the $145 strike highlighted in orange:
And Datadog Inc (Symbol: DDOG) options are showing a volume of 20,153 contracts thus far today. That number of contracts represents approximately 2.0 million underlying shares, working out to a sizeable 42.2% of DDOG's average daily trading volume over the past month, of 4.8 million shares. Especially high volume was seen for the $92 strike call option expiring August 28, 2020, with 1,585 contracts trading so far today, representing approximately 158,500 underlying shares of DDOG. Below is a chart showing DDOG's trailing twelve month trading history, with the $92 strike highlighted in orange:
For the various different available expirations for TGT options, EA options, or DDOG 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.
