Noteworthy Monday Option Activity: FWRD, RMBS, GOOGL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Forward Air Corp (Symbol: FWRD), where a total volume of 2,135 contracts has been traded thus far today, a contract volume which is representative of approximately 213,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.2% of FWRD's average daily trading volume over the past month, of 452,475 shares. Especially high volume was seen for the $20 strike put option expiring July 18, 2025, with 1,505 contracts trading so far today, representing approximately 150,500 underlying shares of FWRD. Below is a chart showing FWRD's trailing twelve month trading history, with the $20 strike highlighted in orange:

Rambus Inc. (Symbol: RMBS) saw options trading volume of 3,989 contracts, representing approximately 398,900 underlying shares or approximately 46.8% of RMBS's average daily trading volume over the past month, of 851,970 shares. Particularly high volume was seen for the $60 strike put option expiring July 18, 2025, with 1,941 contracts trading so far today, representing approximately 194,100 underlying shares of RMBS. Below is a chart showing RMBS's trailing twelve month trading history, with the $60 strike highlighted in orange:

And Alphabet Inc (Symbol: GOOGL) options are showing a volume of 188,365 contracts thus far today. That number of contracts represents approximately 18.8 million underlying shares, working out to a sizeable 46.4% of GOOGL's average daily trading volume over the past month, of 40.6 million shares. Especially high volume was seen for the $180 strike call option expiring June 20, 2025, with 24,017 contracts trading so far today, representing approximately 2.4 million underlying shares of GOOGL. Below is a chart showing GOOGL's trailing twelve month trading history, with the $180 strike highlighted in orange:

For the various different available expirations for FWRD options, RMBS options, or GOOGL options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

Also see:

• Top Stocks Held By Nelson Peltz
• Top Ten Hedge Funds Holding INN
• FLNC Average Annual Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.