Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in PayPal Holdings Inc (Symbol: PYPL), where a total volume of 35,014 contracts has been traded thus far today, a contract volume which is representative of approximately 3.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.5% of PYPL's average daily trading volume over the past month, of 7.9 million shares. Especially high volume was seen for the $75 strike call option expiring August 17, 2018 , with 5,823 contracts trading so far today, representing approximately 582,300 underlying shares of PYPL. Below is a chart showing PYPL's trailing twelve month trading history, with the $75 strike highlighted in orange:
Delta Air Lines Inc (Symbol: DAL) saw options trading volume of 27,266 contracts, representing approximately 2.7 million underlying shares or approximately 44.4% of DAL's average daily trading volume over the past month, of 6.1 million shares. Especially high volume was seen for the $57.50 strike call option expiring July 20, 2018 , with 2,739 contracts trading so far today, representing approximately 273,900 underlying shares of DAL. Below is a chart showing DAL's trailing twelve month trading history, with the $57.50 strike highlighted in orange:
And RingCentral Inc (Symbol: RNG) options are showing a volume of 2,852 contracts thus far today. That number of contracts represents approximately 285,200 underlying shares, working out to a sizeable 44.4% of RNG's average daily trading volume over the past month, of 642,250 shares. Especially high volume was seen for the $80 strike call option expiring June 15, 2018 , with 1,557 contracts trading so far today, representing approximately 155,700 underlying shares of RNG. Below is a chart showing RNG's trailing twelve month trading history, with the $80 strike highlighted in orange:
For the various different available expirations for PYPL options , DAL options , or RNG 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.
