Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Overstock.com Inc (NASDAQ:OSTK), where a total of 71,358 contracts have traded so far, representing approximately 7.1 million underlying shares. That amounts to about 192.4% of OSTK's average daily trading volume over the past month of 3.7 million shares. Especially high volume was seen for the $80 strike call option expiring October 30, 2020, with 5,490 contracts trading so far today, representing approximately 549,000 underlying shares of OSTK. Below is a chart showing OSTK's trailing twelve month trading history, with the $80 strike highlighted in orange:
Extended Stay America Inc (NASDAQ:STAY) saw options trading volume of 20,315 contracts, representing approximately 2.0 million underlying shares or approximately 174.3% of STAY's average daily trading volume over the past month, of 1.2 million shares.
Particularly high volume was seen for the $10 strike put option expiring January 15, 2021, with 10,000 contracts trading so far today, representing approximately 1.0 million underlying shares of STAY. Below is a chart showing STAY's trailing twelve month trading history, with the $10 strike highlighted in orange:
And Marvell Technology Group Ltd (NASDAQ:MRVL) options are showing a volume of 120,664 contracts thus far today. That number of contracts represents approximately 12.1 million underlying shares, working out to a sizeable 170.7% of MRVL's average daily trading volume over the past month, of 7.1 million shares.
Particularly high volume was seen for the $39 strike call option expiring November 20, 2020, with 25,421 contracts trading so far today, representing approximately 2.5 million underlying shares of MRVL. Below is a chart showing MRVL's trailing twelve month trading history, with the $39 strike highlighted in orange:
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