Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ribbon Communications Inc (NASDAQ:RBBN), where a total volume of 1,117 contracts has been traded thus far today, a contract volume which is representative of approximately 111,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.9% of RBBN's average daily trading volume over the past month, of 237,930 shares. Especially high volume was seen for the $7.50 strike put option expiring August 20, 2021, with 1,042 contracts trading so far today, representing approximately 104,200 underlying shares of RBBN. Below is a chart showing RBBN's trailing twelve month trading history, with the $7.50 strike highlighted in orange:
Viasat Inc (NASDAQ:VSAT) saw options trading volume of 1,753 contracts, representing approximately 175,300 underlying shares or approximately 46.5% of VSAT's average daily trading volume over the past month, of 376,910 shares.
Especially high volume was seen for the $45 strike put option expiring January 21, 2022, with 1,238 contracts trading so far today, representing approximately 123,800 underlying shares of VSAT. Below is a chart showing VSAT's trailing twelve month trading history, with the $45 strike highlighted in orange:
And Pfizer Inc (NYSE:PFE) options are showing a volume of 99,821 contracts thus far today. That number of contracts represents approximately 10.0 million underlying shares, working out to a sizeable 45.4% of PFE's average daily trading volume over the past month, of 22.0 million shares.
Particularly high volume was seen for the $42 strike call option expiring July 30, 2021, with 8,059 contracts trading so far today, representing approximately 805,900 underlying shares of PFE. Below is a chart showing PFE's trailing twelve month trading history, with the $42 strike highlighted in orange:
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