Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Monster Beverage Corp (Symbol: MNST), where a total volume of 10,218 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.1% of MNST's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $65 strike put option expiring September 18, 2020, with 504 contracts trading so far today, representing approximately 50,400 underlying shares of MNST. Below is a chart showing MNST's trailing twelve month trading history, with the $65 strike highlighted in orange:
Horizon Therapeutics plc (Symbol: HZNP) saw options trading volume of 8,816 contracts, representing approximately 881,600 underlying shares or approximately 48% of HZNP's average daily trading volume over the past month, of 1.8 million shares. Particularly high volume was seen for the $70 strike put option expiring September 18, 2020, with 1,509 contracts trading so far today, representing approximately 150,900 underlying shares of HZNP. Below is a chart showing HZNP's trailing twelve month trading history, with the $70 strike highlighted in orange:
And LivePerson Inc (Symbol: LPSN) options are showing a volume of 4,675 contracts thus far today. That number of contracts represents approximately 467,500 underlying shares, working out to a sizeable 47% of LPSN's average daily trading volume over the past month, of 995,450 shares. Especially high volume was seen for the $60 strike call option expiring August 21, 2020, with 1,902 contracts trading so far today, representing approximately 190,200 underlying shares of LPSN. Below is a chart showing LPSN's trailing twelve month trading history, with the $60 strike highlighted in orange:
For the various different available expirations for MNST options, HZNP options, or LPSN 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.
