Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Innovative Industrial Properties Inc (Symbol: IIPR), where a total volume of 1,543 contracts has been traded thus far today, a contract volume which is representative of approximately 154,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 80.7% of IIPR’s average daily trading volume over the past month, of 191,225 shares. Especially high volume was seen for the $85 strike call option expiring September 15, 2023, with 372 contracts trading so far today, representing approximately 37,200 underlying shares of IIPR. Below is a chart showing IIPR’s trailing twelve month trading history, with the $85 strike highlighted in orange:
Estee Lauder Cos., Inc. (Symbol: EL) options are showing a volume of 25,697 contracts thus far today. That number of contracts represents approximately 2.6 million underlying shares, working out to a sizeable 80.2% of EL’s average daily trading volume over the past month, of 3.2 million shares.
Especially high volume was seen for the $230 strike put option expiring January 19, 2024, with 2,800 contracts trading so far today, representing approximately 280,000 underlying shares of EL. Below is a chart showing EL’s trailing twelve month trading history, with the $230 strike highlighted in orange:
And Replimune Group Inc (Symbol: REPL) options are showing a volume of 3,678 contracts thus far today. That number of contracts represents approximately 367,800 underlying shares, working out to a sizeable 74.5% of REPL’s average daily trading volume over the past month, of 493,835 shares.
Especially high volume was seen for the $40 strike call option expiring November 17, 2023, with 2,500 contracts trading so far today, representing approximately 250,000 underlying shares of REPL. Below is a chart showing REPL’s trailing twelve month trading history, with the $40 strike highlighted in orange:
For the various different available expirations for IIPR options, EL options, or REPL options, visit StockOptionsChannel.com.
Also see:
AIN shares outstanding history
Institutional Holders of APTI
FEYE YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
