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Notable Thursday Option Activity: ARNC, CCRN, AA Stock Options Channel Staff - Thursday, May 4, 3:20 PMLooking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Arconic Corp (ARNC), where a total volume of 8,322 contracts has been traded thus far today, a contract volume which is representative of approximately 832,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 85.8% of ARNC's average daily trading volume over the past month, of 970,235 shares. Particularly high volume was seen for the $27 strike call option expiring May 19, 2023, with 2,583 contracts trading so far today, representing approximately 258,300 underlying shares of ARNC. Below is a chart showing ARNC's trailing twelve month trading history, with the $27 strike highlighted in orange:
Cross Country Healthcare Inc (CCRN) options are showing a volume of 4,218 contracts thus far today. That number of contracts represents approximately 421,800 underlying shares, working out to a sizeable 84.5% of CCRN's average daily trading volume over the past month, of 499,310 shares. Particularly high volume was seen for the $25 strike put option expiring May 19, 2023, with 3,090 contracts trading so far today, representing approximately 309,000 underlying shares of CCRN. Below is a chart showing CCRN's trailing twelve month trading history, with the $25 strike highlighted in orange:
And Alcoa Corporation (AA) saw options trading volume of 38,148 contracts, representing approximately 3.8 million underlying shares or approximately 81% of AA's average daily trading volume over the past month, of 4.7 million shares. Especially high volume was seen for the $40 strike call option expiring May 19, 2023, with 10,957 contracts trading so far today, representing approximately 1.1 million underlying shares of AA. Below is a chart showing AA's trailing twelve month trading history, with the $40 strike highlighted in orange:
For the various different available expirations for ARNC options, CCRN options, or AA options, visit StockOptionsChannel.com.
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