Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Abercrombie & Fitch Co (NYSE:ANF), where a total volume of 9,216 contracts has been traded thus far today, a contract volume which is representative of approximately 921,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.2% of ANF's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $42 strike call option expiring June 18, 2021, with 5,472 contracts trading so far today, representing approximately 547,200 underlying shares of ANF. Below is a chart showing ANF's trailing twelve month trading history, with the $42 strike highlighted in orange:
Ardelyx Inc (NASDAQ:ARDX) saw options trading volume of 11,014 contracts, representing approximately 1.1 million underlying shares or approximately 61.2% of ARDX's average daily trading volume over the past month, of 1.8 million shares.
Particularly high volume was seen for the $10 strike call option expiring April 16, 2021, with 3,088 contracts trading so far today, representing approximately 308,800 underlying shares of ARDX. Below is a chart showing ARDX's trailing twelve month trading history, with the $10 strike highlighted in orange:
And Innovative Industrial Properties Inc (NYSE:IIPR) saw options trading volume of 1,990 contracts, representing approximately 199,000 underlying shares or approximately 59.5% of IIPR's average daily trading volume over the past month, of 334,495 shares.
Particularly high volume was seen for the $195 strike call option expiring May 21, 2021, with 1,217 contracts trading so far today, representing approximately 121,700 underlying shares of IIPR. Below is a chart showing IIPR's trailing twelve month trading history, with the $195 strike highlighted in orange:
This Article's Word Cloud:ARDXArialBelowIIPRStockStrikeafterLeftLabelsapproximatelyaverageaxisColorbackgroundbeforeLeftLabelsbkgImagebnkinvestbottomBufferbottomLabelsbottomTableHeightcallchartchartBackgroundColorclientIdcontractsdailydocumentexpiringfillBelowLinefillColorfontFacefontSizegridBackgroundColorgridColorgridLocationheighthighhighlightedhistorylabelColorlabelSideleftleftBuffermonthoptionsrepresentingsharesstriketodaytradingunderlyingvolumewith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.