Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GrubHub Inc (NYSE:GRUB), where a total volume of 10,227 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.3% of GRUB's average daily trading volume over the past month, of 2.2 million shares. Especially high volume was seen for the $72 strike call option expiring June 28, 2019, with 1,349 contracts trading so far today, representing approximately 134,900 underlying shares of GRUB. Below is a chart showing GRUB's trailing twelve month trading history, with the $72 strike highlighted in orange:
La-Z-Boy Inc. (NYSE:LZB) options are showing a volume of 1,796 contracts thus far today. That number of contracts represents approximately 179,600 underlying shares, working out to a sizeable 44.9% of LZB's average daily trading volume over the past month, of 400,115 shares.
Especially high volume was seen for the $25 strike put option expiring July 19, 2019, with 659 contracts trading so far today, representing approximately 65,900 underlying shares of LZB. Below is a chart showing LZB's trailing twelve month trading history, with the $25 strike highlighted in orange:
And Synaptics Inc (NASDAQ:SYNA) saw options trading volume of 2,739 contracts, representing approximately 273,900 underlying shares or approximately 43.3% of SYNA's average daily trading volume over the past month, of 632,335 shares.
Especially high volume was seen for the $25 strike call option expiring December 20, 2019, with 1,488 contracts trading so far today, representing approximately 148,800 underlying shares of SYNA. Below is a chart showing SYNA's trailing twelve month trading history, with the $25 strike highlighted in orange:
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