Noteworthy Wednesday Option Activity: CYH, TTWO, AA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Community Health Systems, Inc. (Symbol: CYH), where a total volume of 14,790 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 76.9% of CYH's average daily trading volume over the past month, of 1.9 million shares. Particularly high volume was seen for the $2 strike put option expiring September 19, 2025, with 14,706 contracts trading so far today, representing approximately 1.5 million underlying shares of CYH. Below is a chart showing CYH's trailing twelve month trading history, with the $2 strike highlighted in orange:

Take-Two Interactive Software, Inc. (Symbol: TTWO) saw options trading volume of 10,907 contracts, representing approximately 1.1 million underlying shares or approximately 72.9% of TTWO's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $195 strike call option expiring January 31, 2025, with 3,582 contracts trading so far today, representing approximately 358,200 underlying shares of TTWO. Below is a chart showing TTWO's trailing twelve month trading history, with the $195 strike highlighted in orange:

And Alcoa Corporation (Symbol: AA) saw options trading volume of 36,552 contracts, representing approximately 3.7 million underlying shares or approximately 71.9% of AA's average daily trading volume over the past month, of 5.1 million shares. Particularly high volume was seen for the $36 strike call option expiring January 31, 2025, with 22,470 contracts trading so far today, representing approximately 2.2 million underlying shares of AA. Below is a chart showing AA's trailing twelve month trading history, with the $36 strike highlighted in orange:

For the various different available expirations for CYH options, TTWO options, or AA options, visit StockOptionsChannel.com.

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

Also see:

• ETFs Holding MTD
• Funds Holding SHOT
• KLM Historical Stock Prices

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