Notable Monday Option Activity: IPI, VMEO, NMIH
Stock Options Channel Staff - Monday, November 1, 3:35 PMLooking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Intrepid Potash Inc (IPI), where a total volume of 1,089 contracts has been traded thus far today, a contract volume which is representative of approximately 108,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67% of IPI's average daily trading volume over the past month, of 162,460 shares. Especially high volume was seen for the $70 strike call option expiring November 19, 2021, with 617 contracts trading so far today, representing approximately 61,700 underlying shares of IPI. Below is a chart showing IPI's trailing twelve month trading history, with the $70 strike highlighted in orange:
Vimeo Holdings Inc (VMEO) saw options trading volume of 7,653 contracts, representing approximately 765,300 underlying shares or approximately 66.4% of VMEO's average daily trading volume over the past month, of 1.2 million shares.
Especially high volume was seen for the $35 strike put option expiring November 19, 2021, with 2,675 contracts trading so far today, representing approximately 267,500 underlying shares of VMEO. Below is a chart showing VMEO's trailing twelve month trading history, with the $35 strike highlighted in orange:
And NMI Holdings Inc (NMIH) saw options trading volume of 2,030 contracts, representing approximately 203,000 underlying shares or approximately 66.3% of NMIH's average daily trading volume over the past month, of 306,110 shares.
Particularly high volume was seen for the $25 strike call option expiring December 17, 2021, with 1,005 contracts trading so far today, representing approximately 100,500 underlying shares of NMIH. Below is a chart showing NMIH's trailing twelve month trading history, with the $25 strike highlighted in orange:
For the various different available expirations for IPI options, VMEO options, or NMIH options, visit StockOptionsChannel.com.