Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Altice USA Inc (NYSE:ATUS), where a total volume of 16,977 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 44.6% of ATUS's average daily trading volume over the past month, of 3.8 million shares. Especially high volume was seen for the $20 strike put option expiring January 21, 2022, with 10,909 contracts trading so far today, representing approximately 1.1 million underlying shares of ATUS. Below is a chart showing ATUS's trailing twelve month trading history, with the $20 strike highlighted in orange:
Royal Caribbean Group (NYSE:RCL) options are showing a volume of 18,313 contracts thus far today. That number of contracts represents approximately 1.8 million underlying shares, working out to a sizeable 44.4% of RCL's average daily trading volume over the past month, of 4.1 million shares.
Especially high volume was seen for the $35 strike put option expiring January 21, 2022, with 1,775 contracts trading so far today, representing approximately 177,500 underlying shares of RCL. Below is a chart showing RCL's trailing twelve month trading history, with the $35 strike highlighted in orange:
And American Superconductor Corp. (NASDAQ:AMSC) saw options trading volume of 1,955 contracts, representing approximately 195,500 underlying shares or approximately 43.4% of AMSC's average daily trading volume over the past month, of 450,220 shares.
Especially high volume was seen for the $16 strike call option expiring May 21, 2021, with 667 contracts trading so far today, representing approximately 66,700 underlying shares of AMSC. Below is a chart showing AMSC's trailing twelve month trading history, with the $16 strike highlighted in orange:
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