Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in St. Joe Co. (Symbol: JOE), where a total volume of 656 contracts has been traded thus far today, a contract volume which is representative of approximately 65,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.8% of JOE's average daily trading volume over the past month, of 156,835 shares. Especially high volume was seen for the $40 strike put option expiring November 19, 2021, with 236 contracts trading so far today, representing approximately 23,600 underlying shares of JOE. Below is a chart showing JOE's trailing twelve month trading history, with the $40 strike highlighted in orange:
Big Lots, Inc. (Symbol: BIG) options are showing a volume of 4,761 contracts thus far today. That number of contracts represents approximately 476,100 underlying shares, working out to a sizeable 41.8% of BIG's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $52.50 strike call option expiring October 15, 2021, with 1,029 contracts trading so far today, representing approximately 102,900 underlying shares of BIG. Below is a chart showing BIG's trailing twelve month trading history, with the $52.50 strike highlighted in orange:
And Paycom Software Inc (Symbol: PAYC) saw options trading volume of 1,385 contracts, representing approximately 138,500 underlying shares or approximately 41.7% of PAYC's average daily trading volume over the past month, of 332,025 shares. Particularly high volume was seen for the $510 strike call option expiring October 15, 2021, with 200 contracts trading so far today, representing approximately 20,000 underlying shares of PAYC. Below is a chart showing PAYC's trailing twelve month trading history, with the $510 strike highlighted in orange:
For the various different available expirations for JOE options, BIG options, or PAYC 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.
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