Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Equinix Inc (NASDAQ:EQIX), where a total volume of 2,624 contracts has been traded thus far today, a contract volume which is representative of approximately 262,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.6% of EQIX's average daily trading volume over the past month, of 440,205 shares. Especially high volume was seen for the $350 strike call option expiring December 20, 2019, with 300 contracts trading so far today, representing approximately 30,000 underlying shares of EQIX. Below is a chart showing EQIX's trailing twelve month trading history, with the $350 strike highlighted in orange:
Sturm, Ruger & Co., Inc. (NYSE:RGR) options are showing a volume of 1,118 contracts thus far today. That number of contracts represents approximately 111,800 underlying shares, working out to a sizeable 58.2% of RGR's average daily trading volume over the past month, of 192,215 shares.
Especially high volume was seen for the $52.50 strike put option expiring December 20, 2019, with 386 contracts trading so far today, representing approximately 38,600 underlying shares of RGR. Below is a chart showing RGR's trailing twelve month trading history, with the $52.50 strike highlighted in orange:
And CorMedix Inc (AMEX:CRMD) saw options trading volume of 1,041 contracts, representing approximately 104,100 underlying shares or approximately 56.9% of CRMD's average daily trading volume over the past month, of 183,030 shares.
Particularly high volume was seen for the $7 strike call option expiring December 20, 2019, with 145 contracts trading so far today, representing approximately 14,500 underlying shares of CRMD. Below is a chart showing CRMD's trailing twelve month trading history, with the $7 strike highlighted in orange:
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