Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lowe's Companies Inc (LOW), where a total volume of 15,775 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.6% of LOW's average daily trading volume over the past month, of 3.2 million shares. Particularly high volume was seen for the $225 strike call option expiring June 30, 2023, with 4,177 contracts trading so far today, representing approximately 417,700 underlying shares of LOW. Below is a chart showing LOW's trailing twelve month trading history, with the $225 strike highlighted in orange:

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Today's Most Active Call & Put Options of the S&P 500 »

Qualcomm Inc (QCOM) saw options trading volume of 41,520 contracts, representing approximately 4.2 million underlying shares or approximately 48.9% of QCOM's average daily trading volume over the past month, of 8.5 million shares. Particularly high volume was seen for the $120 strike call option expiring June 30, 2023, with 4,432 contracts trading so far today, representing approximately 443,200 underlying shares of QCOM. Below is a chart showing QCOM's trailing twelve month trading history, with the $120 strike highlighted in orange:

And Invesco Mortgage Capital Inc (IVR) options are showing a volume of 5,728 contracts thus far today. That number of contracts represents approximately 572,800 underlying shares, working out to a sizeable 46.1% of IVR's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $11 strike call option expiring July 21, 2023, with 1,565 contracts trading so far today, representing approximately 156,500 underlying shares of IVR. Below is a chart showing IVR's trailing twelve month trading history, with the $11 strike highlighted in orange: