Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Bed, Bath & Beyond, Inc. (Symbol: BBBY), where a total volume of 50,812 contracts has been traded thus far today, a contract volume which is representative of approximately 5.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.6% of BBBY’s average daily trading volume over the past month, of 9.1 million shares. Especially high volume was seen for the $15 strike call option expiring January 28, 2022, with 4,903 contracts trading so far today, representing approximately 490,300 underlying shares of BBBY. Below is a chart showing BBBY’s trailing twelve month trading history, with the $15 strike highlighted in orange:
Clearwater Paper Corp (Symbol: CLW) options are showing a volume of 435 contracts thus far today. That number of contracts represents approximately 43,500 underlying shares, working out to a sizeable 55.3% of CLW’s average daily trading volume over the past month, of 78,615 shares.
Particularly high volume was seen for the $35 strike put option expiring April 14, 2022, with 180 contracts trading so far today, representing approximately 18,000 underlying shares of CLW. Below is a chart showing CLW’s trailing twelve month trading history, with the $35 strike highlighted in orange:
And Verizon Communications Inc (Symbol: VZ) saw options trading volume of 109,726 contracts, representing approximately 11.0 million underlying shares or approximately 55.2% of VZ’s average daily trading volume over the past month, of 19.9 million shares.
Particularly high volume was seen for the $55 strike call option expiring February 18, 2022, with 11,885 contracts trading so far today, representing approximately 1.2 million underlying shares of VZ. Below is a chart showing VZ’s trailing twelve month trading history, with the $55 strike highlighted in orange:
For the various different available expirations for BBBY options, CLW options, or VZ options, visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
