Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cannae Holdings Inc (Symbol: CNNE), where a total volume of 2,251 contracts has been traded thus far today, a contract volume which is representative of approximately 225,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.5% of CNNE’s average daily trading volume over the past month, of 366,045 shares. Especially high volume was seen for the $20 strike call option expiring May 19, 2023, with 1,500 contracts trading so far today, representing approximately 150,000 underlying shares of CNNE. Below is a chart showing CNNE’s trailing twelve month trading history, with the $20 strike highlighted in orange:
Western Digital Corp (Symbol: WDC) saw options trading volume of 24,064 contracts, representing approximately 2.4 million underlying shares or approximately 60.3% of WDC’s average daily trading volume over the past month, of 4.0 million shares.
Especially high volume was seen for the $37 strike put option expiring April 14, 2023, with 3,337 contracts trading so far today, representing approximately 333,700 underlying shares of WDC. Below is a chart showing WDC’s trailing twelve month trading history, with the $37 strike highlighted in orange:
And Digital Turbine Inc (Symbol: APPS) options are showing a volume of 12,193 contracts thus far today. That number of contracts represents approximately 1.2 million underlying shares, working out to a sizeable 59.1% of APPS’s average daily trading volume over the past month, of 2.1 million shares.
Especially high volume was seen for the $12.50 strike put option expiring April 21, 2023, with 3,048 contracts trading so far today, representing approximately 304,800 underlying shares of APPS. Below is a chart showing APPS’s trailing twelve month trading history, with the $12.50 strike highlighted in orange:
For the various different available expirations for CNNE options, WDC options, or APPS options, visit StockOptionsChannel.com.
Also see:
EARN Next Dividend Date
HLN Stock Predictions
Institutional Holders of SKUL
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
