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Notable Thursday Option Activity: RRR, BJRI, RVLV Stock Options Channel Staff - Thursday, April 20, 3:24 PMLooking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Red Rock Resorts Inc (RRR), where a total volume of 2,637 contracts has been traded thus far today, a contract volume which is representative of approximately 263,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.4% of RRR's average daily trading volume over the past month, of 403,095 shares. Particularly high volume was seen for the $45 strike put option expiring May 19, 2023, with 913 contracts trading so far today, representing approximately 91,300 underlying shares of RRR. Below is a chart showing RRR's trailing twelve month trading history, with the $45 strike highlighted in orange:
BJ's Restaurants Inc (BJRI) options are showing a volume of 1,611 contracts thus far today. That number of contracts represents approximately 161,100 underlying shares, working out to a sizeable 65% of BJRI's average daily trading volume over the past month, of 247,795 shares. Particularly high volume was seen for the $30 strike call option expiring July 21, 2023, with 1,584 contracts trading so far today, representing approximately 158,400 underlying shares of BJRI. Below is a chart showing BJRI's trailing twelve month trading history, with the $30 strike highlighted in orange:
And Revolve Group Inc (RVLV) saw options trading volume of 7,820 contracts, representing approximately 782,000 underlying shares or approximately 64.6% of RVLV's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $22.50 strike put option expiring May 19, 2023, with 6,002 contracts trading so far today, representing approximately 600,200 underlying shares of RVLV. Below is a chart showing RVLV's trailing twelve month trading history, with the $22.50 strike highlighted in orange:
For the various different available expirations for RRR options, BJRI options, or RVLV options, visit StockOptionsChannel.com.
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