Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Clearwater Paper Corp (Symbol: CLW), where a total volume of 2,466 contracts has been traded thus far today, a contract volume which is representative of approximately 246,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 184.4% of CLW's average daily trading volume over the past month, of 133,710 shares. Particularly high volume was seen for the $50 strike call option expiring October 21, 2022, with 1,004 contracts trading so far today, representing approximately 100,400 underlying shares of CLW. Below is a chart showing CLW's trailing twelve month trading history, with the $50 strike highlighted in orange:
Booking Holdings Inc (Symbol: BKNG) options are showing a volume of 7,120 contracts thus far today. That number of contracts represents approximately 712,000 underlying shares, working out to a sizeable 183.3% of BKNG's average daily trading volume over the past month, of 388,450 shares. Particularly high volume was seen for the $2500 strike call option expiring October 21, 2022, with 132 contracts trading so far today, representing approximately 13,200 underlying shares of BKNG. Below is a chart showing BKNG's trailing twelve month trading history, with the $2500 strike highlighted in orange:
And International Game Technology PLC (Symbol: IGT) saw options trading volume of 18,952 contracts, representing approximately 1.9 million underlying shares or approximately 168.4% of IGT's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $16 strike put option expiring October 21, 2022, with 12,054 contracts trading so far today, representing approximately 1.2 million underlying shares of IGT. Below is a chart showing IGT's trailing twelve month trading history, with the $16 strike highlighted in orange:
For the various different available expirations for CLW options, BKNG options, or IGT 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.
