Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in DigitalOcean Holdings Inc (Symbol: DOCN), where a total volume of 11,245 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.4% of DOCN’s average daily trading volume over the past month, of 2.3 million shares. Especially high volume was seen for the $60 strike put option expiring March 18, 2022, with 3,463 contracts trading so far today, representing approximately 346,300 underlying shares of DOCN. Below is a chart showing DOCN’s trailing twelve month trading history, with the $60 strike highlighted in orange:

Discover Financial Services (Symbol: DFS) saw options trading volume of 7,117 contracts, representing approximately 711,700 underlying shares or approximately 48.1% of DFS’s average daily trading volume over the past month, of 1.5 million shares.
Particularly high volume was seen for the $110 strike put option expiring January 21, 2022, with 510 contracts trading so far today, representing approximately 51,000 underlying shares of DFS. Below is a chart showing DFS’s trailing twelve month trading history, with the $110 strike highlighted in orange:

And American Outdoor Brands Inc (Symbol: AOUT) saw options trading volume of 670 contracts, representing approximately 67,000 underlying shares or approximately 47.4% of AOUT’s average daily trading volume over the past month, of 141,210 shares.
Particularly high volume was seen for the $20 strike put option expiring January 21, 2022, with 502 contracts trading so far today, representing approximately 50,200 underlying shares of AOUT. Below is a chart showing AOUT’s trailing twelve month trading history, with the $20 strike highlighted in orange:

For the various different available expirations for DOCN options, DFS options, or AOUT 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.