Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Adobe Inc (Symbol: ADBE), where a total volume of 30,336 contracts has been traded thus far today, a contract volume which is representative of approximately 3.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 73.8% of ADBE’s average daily trading volume over the past month, of 4.1 million shares. Especially high volume was seen for the $387.50 strike call option expiring March 31, 2023, with 2,565 contracts trading so far today, representing approximately 256,500 underlying shares of ADBE. Below is a chart showing ADBE’s trailing twelve month trading history, with the $387.50 strike highlighted in orange:
PENN Entertainment Inc (Symbol: PENN) options are showing a volume of 17,345 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 70.9% of PENN’s average daily trading volume over the past month, of 2.4 million shares.
Especially high volume was seen for the $30 strike call option expiring May 19, 2023, with 9,896 contracts trading so far today, representing approximately 989,600 underlying shares of PENN. Below is a chart showing PENN’s trailing twelve month trading history, with the $30 strike highlighted in orange:
And Brunswick Corp. (Symbol: BC) options are showing a volume of 4,057 contracts thus far today. That number of contracts represents approximately 405,700 underlying shares, working out to a sizeable 68.1% of BC’s average daily trading volume over the past month, of 595,950 shares.
Especially high volume was seen for the $75 strike put option expiring April 21, 2023, with 1,500 contracts trading so far today, representing approximately 150,000 underlying shares of BC. Below is a chart showing BC’s trailing twelve month trading history, with the $75 strike highlighted in orange:
For the various different available expirations for ADBE options, PENN options, or BC options, visit StockOptionsChannel.com.
Also see:
UBX Historical Earnings
DND Historical Stock Prices
EWEB market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
