Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Manitowoc Company Inc (NYSE:MTW), where a total volume of 1,896 contracts has been traded thus far today, a contract volume which is representative of approximately 189,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.8% of MTW's average daily trading volume over the past month, of 380,670 shares. Particularly high volume was seen for the $27 strike call option expiring June 18, 2021, with 1,129 contracts trading so far today, representing approximately 112,900 underlying shares of MTW. Below is a chart showing MTW's trailing twelve month trading history, with the $27 strike highlighted in orange:
Sunrun Inc (NASDAQ:RUN) options are showing a volume of 35,185 contracts thus far today. That number of contracts represents approximately 3.5 million underlying shares, working out to a sizeable 49.5% of RUN's average daily trading volume over the past month, of 7.1 million shares.
Especially high volume was seen for the $50 strike call option expiring June 18, 2021, with 12,913 contracts trading so far today, representing approximately 1.3 million underlying shares of RUN. Below is a chart showing RUN's trailing twelve month trading history, with the $50 strike highlighted in orange:
And GrowGeneration Corp (NASDAQ:GRWG) saw options trading volume of 8,610 contracts, representing approximately 861,000 underlying shares or approximately 47.1% of GRWG's average daily trading volume over the past month, of 1.8 million shares.
Particularly high volume was seen for the $48 strike call option expiring June 04, 2021, with 545 contracts trading so far today, representing approximately 54,500 underlying shares of GRWG. Below is a chart showing GRWG's trailing twelve month trading history, with the $48 strike highlighted in orange:
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