Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in McDonald's Corp (NYSE:MCD), where a total volume of 16,575 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78.7% of MCD's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $200 strike put option expiring October 15, 2021, with 3,166 contracts trading so far today, representing approximately 316,600 underlying shares of MCD. Below is a chart showing MCD's trailing twelve month trading history, with the $200 strike highlighted in orange:
Crown Holdings Inc (NYSE:CCK) saw options trading volume of 6,040 contracts, representing approximately 604,000 underlying shares or approximately 77.1% of CCK's average daily trading volume over the past month, of 783,080 shares.
Particularly high volume was seen for the $100 strike put option expiring January 21, 2022, with 2,004 contracts trading so far today, representing approximately 200,400 underlying shares of CCK. Below is a chart showing CCK's trailing twelve month trading history, with the $100 strike highlighted in orange:
And Green Dot Corp (NYSE:GDOT) saw options trading volume of 2,595 contracts, representing approximately 259,500 underlying shares or approximately 76.8% of GDOT's average daily trading volume over the past month, of 338,075 shares.
Especially high volume was seen for the $40 strike call option expiring September 17, 2021, with 1,100 contracts trading so far today, representing approximately 110,000 underlying shares of GDOT. Below is a chart showing GDOT's trailing twelve month trading history, with the $40 strike highlighted in orange:
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