Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Hershey Company (NYSE:HSY), where a total volume of 3,287 contracts has been traded thus far today, a contract volume which is representative of approximately 328,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.6% of HSY's average daily trading volume over the past month, of 720,440 shares. Especially high volume was seen for the $145 strike put option expiring November 20, 2020, with 511 contracts trading so far today, representing approximately 51,100 underlying shares of HSY. Below is a chart showing HSY's trailing twelve month trading history, with the $145 strike highlighted in orange:
Esperion Therapeutics Inc (NASDAQ:ESPR) options are showing a volume of 2,345 contracts thus far today. That number of contracts represents approximately 234,500 underlying shares, working out to a sizeable 44.5% of ESPR's average daily trading volume over the past month, of 527,370 shares.
Particularly high volume was seen for the $45 strike call option expiring October 16, 2020, with 1,155 contracts trading so far today, representing approximately 115,500 underlying shares of ESPR. Below is a chart showing ESPR's trailing twelve month trading history, with the $45 strike highlighted in orange:
And Mr Cooper Group Inc (NASDAQ:COOP) options are showing a volume of 6,397 contracts thus far today. That number of contracts represents approximately 639,700 underlying shares, working out to a sizeable 44.3% of COOP's average daily trading volume over the past month, of 1.4 million shares.
Particularly high volume was seen for the $22.50 strike call option expiring December 18, 2020, with 2,321 contracts trading so far today, representing approximately 232,100 underlying shares of COOP. Below is a chart showing COOP's trailing twelve month trading history, with the $22.50 strike highlighted in orange:
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