Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ally Financial Inc (NYSE:ALLY), where a total volume of 16,459 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.6% of ALLY's average daily trading volume over the past month, of 2.7 million shares. Particularly high volume was seen for the $55 strike call option expiring November 19, 2021, with 3,476 contracts trading so far today, representing approximately 347,600 underlying shares of ALLY. Below is a chart showing ALLY's trailing twelve month trading history, with the $55 strike highlighted in orange:
Teladoc Health Inc (NYSE:TDOC) saw options trading volume of 14,273 contracts, representing approximately 1.4 million underlying shares or approximately 60.2% of TDOC's average daily trading volume over the past month, of 2.4 million shares.
Especially high volume was seen for the $140 strike call option expiring December 17, 2021, with 1,263 contracts trading so far today, representing approximately 126,300 underlying shares of TDOC. Below is a chart showing TDOC's trailing twelve month trading history, with the $140 strike highlighted in orange:
And ClearPoint Neuro Inc (NASDAQ:CLPT) options are showing a volume of 943 contracts thus far today. That number of contracts represents approximately 94,300 underlying shares, working out to a sizeable 59.8% of CLPT's average daily trading volume over the past month, of 157,710 shares.
Especially high volume was seen for the $17.50 strike put option expiring October 15, 2021, with 334 contracts trading so far today, representing approximately 33,400 underlying shares of CLPT. Below is a chart showing CLPT's trailing twelve month trading history, with the $17.50 strike highlighted in orange:
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