Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ryman Hospitality Properties Inc (Symbol: RHP), where a total volume of 1,207 contracts has been traded thus far today, a contract volume which is representative of approximately 120,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.2% of RHP's average daily trading volume over the past month, of 245,155 shares. Especially high volume was seen for the $100 strike call option expiring October 21, 2022, with 1,200 contracts trading so far today, representing approximately 120,000 underlying shares of RHP. Below is a chart showing RHP's trailing twelve month trading history, with the $100 strike highlighted in orange:
Casella Waste Systems, Inc. (Symbol: CWST) saw options trading volume of 820 contracts, representing approximately 82,000 underlying shares or approximately 48.9% of CWST's average daily trading volume over the past month, of 167,720 shares. Especially high volume was seen for the $80 strike put option expiring October 21, 2022, with 800 contracts trading so far today, representing approximately 80,000 underlying shares of CWST. Below is a chart showing CWST's trailing twelve month trading history, with the $80 strike highlighted in orange:
And Devon Energy Corp. (Symbol: DVN) options are showing a volume of 57,746 contracts thus far today. That number of contracts represents approximately 5.8 million underlying shares, working out to a sizeable 48.6% of DVN's average daily trading volume over the past month, of 11.9 million shares. Especially high volume was seen for the $70 strike call option expiring October 21, 2022, with 3,024 contracts trading so far today, representing approximately 302,400 underlying shares of DVN. Below is a chart showing DVN's trailing twelve month trading history, with the $70 strike highlighted in orange:
For the various different available expirations for RHP options, CWST options, or DVN 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.
