Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CommScope Holding Co Inc (Symbol: COMM), where a total volume of 12,247 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.4% of COMM's average daily trading volume over the past month, of 2.8 million shares. Particularly high volume was seen for the $16 strike call option expiring January 20, 2023, with 7,443 contracts trading so far today, representing approximately 744,300 underlying shares of COMM. Below is a chart showing COMM's trailing twelve month trading history, with the $16 strike highlighted in orange:
Zscaler Inc (Symbol: ZS) saw options trading volume of 9,754 contracts, representing approximately 975,400 underlying shares or approximately 43.8% of ZS's average daily trading volume over the past month, of 2.2 million shares. Particularly high volume was seen for the $170 strike call option expiring November 18, 2022, with 732 contracts trading so far today, representing approximately 73,200 underlying shares of ZS. Below is a chart showing ZS's trailing twelve month trading history, with the $170 strike highlighted in orange:
And Walgreens Boots Alliance Inc (Symbol: WBA) options are showing a volume of 39,134 contracts thus far today. That number of contracts represents approximately 3.9 million underlying shares, working out to a sizeable 43.1% of WBA's average daily trading volume over the past month, of 9.1 million shares. Particularly high volume was seen for the $37.50 strike call option expiring November 04, 2022, with 18,972 contracts trading so far today, representing approximately 1.9 million underlying shares of WBA. Below is a chart showing WBA's trailing twelve month trading history, with the $37.50 strike highlighted in orange:
For the various different available expirations for COMM options, ZS options, or WBA 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.
