Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Pennymac Mortgage Investment Trust (NYSE:PMT), where a total volume of 11,383 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 115% of PMT's average daily trading volume over the past month, of 989,730 shares. Especially high volume was seen for the $17.50 strike call option expiring October 15, 2021, with 10,015 contracts trading so far today, representing approximately 1.0 million underlying shares of PMT. Below is a chart showing PMT's trailing twelve month trading history, with the $17.50 strike highlighted in orange:
Teladoc Health Inc (NYSE:TDOC) options are showing a volume of 22,358 contracts thus far today. That number of contracts represents approximately 2.2 million underlying shares, working out to a sizeable 96.7% of TDOC's average daily trading volume over the past month, of 2.3 million shares.
Particularly high volume was seen for the $157.50 strike call option expiring July 16, 2021, with 1,913 contracts trading so far today, representing approximately 191,300 underlying shares of TDOC. Below is a chart showing TDOC's trailing twelve month trading history, with the $157.50 strike highlighted in orange:
And PLBY Group Inc (NASDAQ:PLBY) options are showing a volume of 12,538 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 95.2% of PLBY's average daily trading volume over the past month, of 1.3 million shares.
Particularly high volume was seen for the $35 strike call option expiring August 20, 2021, with 2,250 contracts trading so far today, representing approximately 225,000 underlying shares of PLBY. Below is a chart showing PLBY's trailing twelve month trading history, with the $35 strike highlighted in orange:
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