Notable Wednesday Option Activity: TH, WMT, BUR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Target Hospitality Corp (Symbol: TH), where a total volume of 1,785 contracts has been traded thus far today, a contract volume which is representative of approximately 178,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.3% of TH's average daily trading volume over the past month, of 362,330 shares. Particularly high volume was seen for the $11 strike call option expiring January 17, 2025, with 716 contracts trading so far today, representing approximately 71,600 underlying shares of TH. Below is a chart showing TH's trailing twelve month trading history, with the $11 strike highlighted in orange:

Walmart Inc (Symbol: WMT) saw options trading volume of 80,863 contracts, representing approximately 8.1 million underlying shares or approximately 48.1% of WMT's average daily trading volume over the past month, of 16.8 million shares. Especially high volume was seen for the $110 strike call option expiring June 20, 2025, with 14,352 contracts trading so far today, representing approximately 1.4 million underlying shares of WMT. Below is a chart showing WMT's trailing twelve month trading history, with the $110 strike highlighted in orange:

And Burford Capital Limited Ordinary Shares (Symbol: BUR) saw options trading volume of 3,893 contracts, representing approximately 389,300 underlying shares or approximately 48.1% of BUR's average daily trading volume over the past month, of 809,980 shares. Especially high volume was seen for the $15 strike call option expiring March 21, 2025, with 2,523 contracts trading so far today, representing approximately 252,300 underlying shares of BUR. Below is a chart showing BUR's trailing twelve month trading history, with the $15 strike highlighted in orange:

For the various different available expirations for TH options, WMT options, or BUR options, visit StockOptionsChannel.com.

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