Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Pilgrims Pride Corp. (NASDAQ:PPC), where a total volume of 4,742 contracts has been traded thus far today, a contract volume which is representative of approximately 474,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.3% of PPC's average daily trading volume over the past month, of 982,545 shares. Especially high volume was seen for the $23 strike put option expiring May 17, 2019, with 2,526 contracts trading so far today, representing approximately 252,600 underlying shares of PPC. Below is a chart showing PPC's trailing twelve month trading history, with the $23 strike highlighted in orange:
Revlon Inc (NYSE:REV) options are showing a volume of 803 contracts thus far today. That number of contracts represents approximately 80,300 underlying shares, working out to a sizeable 47.8% of REV's average daily trading volume over the past month, of 168,050 shares.
Especially high volume was seen for the $20 strike call option expiring April 18, 2019, with 374 contracts trading so far today, representing approximately 37,400 underlying shares of REV. Below is a chart showing REV's trailing twelve month trading history, with the $20 strike highlighted in orange:
And Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX) saw options trading volume of 348 contracts, representing approximately 34,800 underlying shares or approximately 47.6% of BLX's average daily trading volume over the past month, of 73,055 shares.
Particularly high volume was seen for the $20 strike call option expiring June 21, 2019, with 151 contracts trading so far today, representing approximately 15,100 underlying shares of BLX. Below is a chart showing BLX's trailing twelve month trading history, with the $20 strike highlighted in orange:
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