Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alphabet Inc (Symbol: GOOG), where a total volume of 185,709 contracts has been traded thus far today, a contract volume which is representative of approximately 18.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57% of GOOG’s average daily trading volume over the past month, of 32.6 million shares. Particularly high volume was seen for the $100 strike put option expiring March 31, 2023, with 6,325 contracts trading so far today, representing approximately 632,500 underlying shares of GOOG. Below is a chart showing GOOG’s trailing twelve month trading history, with the $100 strike highlighted in orange:
Arbor Realty Trust Inc (Symbol: ABR) saw options trading volume of 31,095 contracts, representing approximately 3.1 million underlying shares or approximately 56.2% of ABR’s average daily trading volume over the past month, of 5.5 million shares.
Especially high volume was seen for the $7.50 strike put option expiring June 16, 2023, with 22,396 contracts trading so far today, representing approximately 2.2 million underlying shares of ABR. Below is a chart showing ABR’s trailing twelve month trading history, with the $7.50 strike highlighted in orange:
And Tiptree Inc (Symbol: TIPT) options are showing a volume of 507 contracts thus far today. That number of contracts represents approximately 50,700 underlying shares, working out to a sizeable 55.5% of TIPT’s average daily trading volume over the past month, of 91,370 shares.
Particularly high volume was seen for the $15 strike call option expiring June 16, 2023, with 504 contracts trading so far today, representing approximately 50,400 underlying shares of TIPT. Below is a chart showing TIPT’s trailing twelve month trading history, with the $15 strike highlighted in orange:
For the various different available expirations for GOOG options, ABR options, or TIPT options, visit StockOptionsChannel.com.
Also see:
GMVD market cap history
AR Stock Predictions
FN shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
