Notable Thursday Option Activity: RIOT, PHM, SWBI
Stock Options Channel Staff - Thursday, August 17, 3:25 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Riot Platforms Inc (RIOT), where a total of 113,551 contracts have traded so far, representing approximately 11.4 million underlying shares. That amounts to about 60.7% of RIOT's average daily trading volume over the past month of 18.7 million shares. Particularly high volume was seen for the $11.50 strike put option expiring August 18, 2023, with 11,557 contracts trading so far today, representing approximately 1.2 million underlying shares of RIOT. Below is a chart showing RIOT's trailing twelve month trading history, with the $11.50 strike highlighted in orange:
PulteGroup Inc (PHM) options are showing a volume of 15,055 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 60.3% of PHM's average daily trading volume over the past month, of 2.5 million shares.
Especially high volume was seen for the $80 strike put option expiring August 18, 2023, with 2,718 contracts trading so far today, representing approximately 271,800 underlying shares of PHM. Below is a chart showing PHM's trailing twelve month trading history, with the $80 strike highlighted in orange:
And Smith & Wesson Brands Inc (SWBI) saw options trading volume of 1,786 contracts, representing approximately 178,600 underlying shares or approximately 59.4% of SWBI's average daily trading volume over the past month, of 300,880 shares.
Particularly high volume was seen for the $15 strike call option expiring September 15, 2023, with 1,544 contracts trading so far today, representing approximately 154,400 underlying shares of SWBI. Below is a chart showing SWBI's trailing twelve month trading history, with the $15 strike highlighted in orange:
For the various different available expirations for RIOT options, PHM options, or SWBI options, visit StockOptionsChannel.com.