Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CoreCivic Inc (Symbol: CXW), where a total volume of 5,184 contracts has been traded thus far today, a contract volume which is representative of approximately 518,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65% of CXW's average daily trading volume over the past month, of 797,670 shares. Particularly high volume was seen for the $5 strike put option expiring January 20, 2023, with 1,397 contracts trading so far today, representing approximately 139,700 underlying shares of CXW. Below is a chart showing CXW's trailing twelve month trading history, with the $5 strike highlighted in orange:
Broadcom Inc (Symbol: AVGO) options are showing a volume of 15,670 contracts thus far today. That number of contracts represents approximately 1.6 million underlying shares, working out to a sizeable 64.5% of AVGO's average daily trading volume over the past month, of 2.4 million shares. Especially high volume was seen for the $450 strike put option expiring January 20, 2023, with 2,333 contracts trading so far today, representing approximately 233,300 underlying shares of AVGO. Below is a chart showing AVGO's trailing twelve month trading history, with the $450 strike highlighted in orange:
And Vicor Corp (Symbol: VICR) saw options trading volume of 1,642 contracts, representing approximately 164,200 underlying shares or approximately 64.2% of VICR's average daily trading volume over the past month, of 255,800 shares. Especially high volume was seen for the $40 strike put option expiring November 18, 2022, with 526 contracts trading so far today, representing approximately 52,600 underlying shares of VICR. Below is a chart showing VICR's trailing twelve month trading history, with the $40 strike highlighted in orange:
For the various different available expirations for CXW options, AVGO options, or VICR 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.
