Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Yeti Holdings Inc (Symbol: YETI), where a total volume of 4,543 contracts has been traded thus far today, a contract volume which is representative of approximately 454,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.1% of YETI's average daily trading volume over the past month, of 964,125 shares. Especially high volume was seen for the $75 strike call option expiring January 21, 2022, with 1,470 contracts trading so far today, representing approximately 147,000 underlying shares of YETI. Below is a chart showing YETI's trailing twelve month trading history, with the $75 strike highlighted in orange:
Palo Alto Networks, Inc (Symbol: PANW) options are showing a volume of 6,584 contracts thus far today. That number of contracts represents approximately 658,400 underlying shares, working out to a sizeable 46.8% of PANW's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $480 strike call option expiring January 21, 2022, with 461 contracts trading so far today, representing approximately 46,100 underlying shares of PANW. Below is a chart showing PANW's trailing twelve month trading history, with the $480 strike highlighted in orange:
And IAC/InterActiveCorp (Symbol: IAC) options are showing a volume of 1,862 contracts thus far today. That number of contracts represents approximately 186,200 underlying shares, working out to a sizeable 46.4% of IAC's average daily trading volume over the past month, of 401,270 shares. Especially high volume was seen for the $120 strike put option expiring January 21, 2022, with 918 contracts trading so far today, representing approximately 91,800 underlying shares of IAC. Below is a chart showing IAC's trailing twelve month trading history, with the $120 strike highlighted in orange:
For the various different available expirations for YETI options, PANW options, or IAC 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.
