Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Seer Inc (Symbol: SEER), where a total volume of 1,331 contracts has been traded thus far today, a contract volume which is representative of approximately 133,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.6% of SEER's average daily trading volume over the past month, of 257,945 shares. Particularly high volume was seen for the $10 strike put option expiring November 18, 2022, with 1,324 contracts trading so far today, representing approximately 132,400 underlying shares of SEER. Below is a chart showing SEER's trailing twelve month trading history, with the $10 strike highlighted in orange:
Merck & Co Inc (Symbol: MRK) options are showing a volume of 46,200 contracts thus far today. That number of contracts represents approximately 4.6 million underlying shares, working out to a sizeable 50.7% of MRK's average daily trading volume over the past month, of 9.1 million shares. Especially high volume was seen for the $90 strike put option expiring December 16, 2022, with 3,622 contracts trading so far today, representing approximately 362,200 underlying shares of MRK. Below is a chart showing MRK's trailing twelve month trading history, with the $90 strike highlighted in orange:
And Mattel Inc (Symbol: MAT) saw options trading volume of 16,113 contracts, representing approximately 1.6 million underlying shares or approximately 50.5% of MAT's average daily trading volume over the past month, of 3.2 million shares. Particularly high volume was seen for the $19 strike put option expiring November 18, 2022, with 4,047 contracts trading so far today, representing approximately 404,700 underlying shares of MAT. Below is a chart showing MAT's trailing twelve month trading history, with the $19 strike highlighted in orange:
For the various different available expirations for SEER options, MRK options, or MAT 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.
