Noteworthy Tuesday Option Activity: MRC, LMND, TREE
Stock Options Channel Staff - Tuesday, December 19, 3:26 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in MRC Global Inc (MRC), where a total of 1,895 contracts have traded so far, representing approximately 189,500 underlying shares. That amounts to about 42.5% of MRC's average daily trading volume over the past month of 445,465 shares. Particularly high volume was seen for the $10 strike put option expiring February 16, 2024, with 1,881 contracts trading so far today, representing approximately 188,100 underlying shares of MRC. Below is a chart showing MRC's trailing twelve month trading history, with the $10 strike highlighted in orange:
Lemonade Inc (LMND) saw options trading volume of 9,136 contracts, representing approximately 913,600 underlying shares or approximately 41.7% of LMND's average daily trading volume over the past month, of 2.2 million shares.
Especially high volume was seen for the $18 strike call option expiring December 22, 2023, with 2,058 contracts trading so far today, representing approximately 205,800 underlying shares of LMND. Below is a chart showing LMND's trailing twelve month trading history, with the $18 strike highlighted in orange:
And LendingTree Inc (TREE) options are showing a volume of 1,325 contracts thus far today. That number of contracts represents approximately 132,500 underlying shares, working out to a sizeable 41.6% of TREE's average daily trading volume over the past month, of 318,635 shares.
Particularly high volume was seen for the $30 strike call option expiring January 19, 2024, with 606 contracts trading so far today, representing approximately 60,600 underlying shares of TREE. Below is a chart showing TREE's trailing twelve month trading history, with the $30 strike highlighted in orange:
For the various different available expirations for MRC options, LMND options, or TREE options, visit StockOptionsChannel.com.