Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in AbbVie Inc (Symbol: ABBV), where a total volume of 21,587 contracts has been traded thus far today, a contract volume which is representative of approximately 2.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.7% of ABBV's average daily trading volume over the past month, of 4.3 million shares. Especially high volume was seen for the $142 strike call option expiring September 16, 2022, with 2,384 contracts trading so far today, representing approximately 238,400 underlying shares of ABBV. Below is a chart showing ABBV's trailing twelve month trading history, with the $142 strike highlighted in orange:
Lazard (Symbol: LAZ) saw options trading volume of 3,082 contracts, representing approximately 308,200 underlying shares or approximately 49.6% of LAZ's average daily trading volume over the past month, of 621,090 shares. Particularly high volume was seen for the $37 strike call option expiring October 21, 2022, with 1,858 contracts trading so far today, representing approximately 185,800 underlying shares of LAZ. Below is a chart showing LAZ's trailing twelve month trading history, with the $37 strike highlighted in orange:
And Gogo Inc (Symbol: GOGO) options are showing a volume of 3,364 contracts thus far today. That number of contracts represents approximately 336,400 underlying shares, working out to a sizeable 48.7% of GOGO's average daily trading volume over the past month, of 691,445 shares. Particularly high volume was seen for the $20 strike put option expiring November 18, 2022, with 2,010 contracts trading so far today, representing approximately 201,000 underlying shares of GOGO. Below is a chart showing GOGO's trailing twelve month trading history, with the $20 strike highlighted in orange:
For the various different available expirations for ABBV options, LAZ options, or GOGO 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.
