Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Gray Television Inc (GTN - Get Report), where a total volume of 4,656 contracts has been traded thus far today, a contract volume which is representative of approximately 465,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.9% of GTN's average daily trading volume over the past month, of 832,600 shares. Especially high volume was seen for the $15 strike put option expiring November 17, 2017, with 2,007 contracts trading so far today, representing approximately 200,700 underlying shares of GTN. Below is a chart showing GTN's trailing twelve month trading history, with the $15 strike highlighted in orange:ChannelAdvisor Corp ( ECOM) options are showing a volume of 384 contracts thus far today. That number of contracts represents approximately 38,400 underlying shares, working out to a sizeable 54.2% of ECOM's average daily trading volume over the past month, of 70,800 shares. Particularly high volume was seen for the $10 strike call option expiring December 15, 2017, with 200 contracts trading so far today, representing approximately 20,000 underlying shares of ECOM. Below is a chart showing ECOM's trailing twelve month trading history, with the $10 strike highlighted in orange: And Exxon Mobil Corp ( XOM) saw options trading volume of 44,204 contracts, representing approximately 4.4 million underlying shares or approximately 54% of XOM's average daily trading volume over the past month, of 8.2 million shares. Particularly high volume was seen for the $82.50 strike call option expiring January 19, 2018, with 10,565 contracts trading so far today, representing approximately 1.1 million underlying shares of XOM. Below is a chart showing XOM's trailing twelve month trading history, with the $82.50 strike highlighted in orange: For the various different available expirations for GTN options, ECOM options, or XOM options, visit StockOptionsChannel.com.
More from Stocks
Microsoft Poised for Record High as Cloud Revenues Drive Q4 Earnings Beat
Microsoft shares are set to open at an all-time high Friday, lifting its market value well past $1 trillion, after the tech giant posted stronger-than-expected fourth quarter earnings driven largely by its fast-expanding cloud computing business.
Anheuser-Busch Plans $11.3 Billion Australian Business Sale After Scrapping IPO
Anheuser-Busch InBev shares traded near the top of the European market Friday after it agreed to sell its Australian division for around $11.3 billion less than a week after cancelling the Hong Kong listing of its Asian business that would have been the year's biggest IPO.
Microsoft Gains on Solid Results and Guidance: 10 Key Takeaways
The software giant beat estimates with the help of strong corporate demand for a number of different products and services. And it struck an upbeat tone about the upcoming fiscal year.
Replay: Jim Cramer on Netflix's Earnings, and His Three Keys for Earnings Season
Jim Cramer breaks down what investors need to know when it comes to Netflix, earnings season and how he's looking at the markets.
Amazon Prime Day Sales Topped $7 Billion: Internet Retailer
An early analysis by Internet Retailer estimates that Amazon's 48-hour Prime Day event hit $7.16 billion in sales, surpassing an earlier estimate of more than $6 billion.