Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Veritex Holdings Inc (NASDAQ:VBTX), where a total volume of 1,161 contracts has been traded thus far today, a contract volume which is representative of approximately 116,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.6% of VBTX's average daily trading volume over the past month, of 238,955 shares. Especially high volume was seen for the $25 strike call option expiring January 17, 2020, with 1,137 contracts trading so far today, representing approximately 113,700 underlying shares of VBTX. Below is a chart showing VBTX's trailing twelve month trading history, with the $25 strike highlighted in orange:
Photronics, Inc. (NASDAQ:PLAB) saw options trading volume of 2,529 contracts, representing approximately 252,900 underlying shares or approximately 48.3% of PLAB's average daily trading volume over the past month, of 523,220 shares.
Particularly high volume was seen for the $2.50 strike put option expiring March 20, 2020, with 1,610 contracts trading so far today, representing approximately 161,000 underlying shares of PLAB. Below is a chart showing PLAB's trailing twelve month trading history, with the $2.50 strike highlighted in orange:
And Skechers USA Inc (NYSE:SKX) options are showing a volume of 9,935 contracts thus far today. That number of contracts represents approximately 993,500 underlying shares, working out to a sizeable 48.1% of SKX's average daily trading volume over the past month, of 2.1 million shares.
Particularly high volume was seen for the $35 strike call option expiring October 18, 2019, with 2,643 contracts trading so far today, representing approximately 264,300 underlying shares of SKX. Below is a chart showing SKX's trailing twelve month trading history, with the $35 strike highlighted in orange:
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