Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Whirlpool Corp (NYSE:WHR), where a total volume of 5,065 contracts has been traded thus far today, a contract volume which is representative of approximately 506,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 73.7% of WHR's average daily trading volume over the past month, of 686,985 shares. Especially high volume was seen for the $195 strike call option expiring June 18, 2021, with 872 contracts trading so far today, representing approximately 87,200 underlying shares of WHR. Below is a chart showing WHR's trailing twelve month trading history, with the $195 strike highlighted in orange:
Atlassian Corp PLC (NASDAQ:TEAM) saw options trading volume of 10,843 contracts, representing approximately 1.1 million underlying shares or approximately 72% of TEAM's average daily trading volume over the past month, of 1.5 million shares.
Particularly high volume was seen for the $240 strike call option expiring September 17, 2021, with 4,143 contracts trading so far today, representing approximately 414,300 underlying shares of TEAM. Below is a chart showing TEAM's trailing twelve month trading history, with the $240 strike highlighted in orange:
And 3M Co (NYSE:MMM) saw options trading volume of 15,816 contracts, representing approximately 1.6 million underlying shares or approximately 70.9% of MMM's average daily trading volume over the past month, of 2.2 million shares.
Especially high volume was seen for the $130 strike call option expiring January 21, 2022, with 1,530 contracts trading so far today, representing approximately 153,000 underlying shares of MMM. Below is a chart showing MMM's trailing twelve month trading history, with the $130 strike highlighted in orange:
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