Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Herc Holdings Inc (Symbol: HRI), where a total volume of 2,166 contracts has been traded thus far today, a contract volume which is representative of approximately 216,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.4% of HRI’s average daily trading volume over the past month, of 499,485 shares. Particularly high volume was seen for the $135 strike call option expiring January 19, 2024, with 1,000 contracts trading so far today, representing approximately 100,000 underlying shares of HRI. Below is a chart showing HRI’s trailing twelve month trading history, with the $135 strike highlighted in orange:
Devon Energy Corp. (Symbol: DVN) saw options trading volume of 50,462 contracts, representing approximately 5.0 million underlying shares or approximately 42.7% of DVN’s average daily trading volume over the past month, of 11.8 million shares.
Particularly high volume was seen for the $60 strike call option expiring May 19, 2023, with 2,950 contracts trading so far today, representing approximately 295,000 underlying shares of DVN. Below is a chart showing DVN’s trailing twelve month trading history, with the $60 strike highlighted in orange:
And Marathon Petroleum Corp. (Symbol: MPC) options are showing a volume of 19,609 contracts thus far today. That number of contracts represents approximately 2.0 million underlying shares, working out to a sizeable 42.7% of MPC’s average daily trading volume over the past month, of 4.6 million shares.
Particularly high volume was seen for the $125 strike put option expiring May 19, 2023, with 1,407 contracts trading so far today, representing approximately 140,700 underlying shares of MPC. Below is a chart showing MPC’s trailing twelve month trading history, with the $125 strike highlighted in orange:
For the various different available expirations for HRI options, DVN options, or MPC options, visit StockOptionsChannel.com.
Also see:
PWON Insider Buying
OTIV Historical Stock Prices
Funds Holding LOKM
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
