Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Marriott International, Inc. (MAR - Get Report), where a total volume of 9,808 contracts has been traded thus far today, a contract volume which is representative of approximately 980,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.1% of MAR's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $175 strike call option expiring January 18, 2019, with 2,986 contracts trading so far today, representing approximately 298,600 underlying shares of MAR. Below is a chart showing MAR's trailing twelve month trading history, with the $175 strike highlighted in orange:Clearwater Paper Corp ( CLW) saw options trading volume of 513 contracts, representing approximately 51,300 underlying shares or approximately 48.8% of CLW's average daily trading volume over the past month, of 105,040 shares. Especially high volume was seen for the $45 strike call option expiring July 20, 2018, with 250 contracts trading so far today, representing approximately 25,000 underlying shares of CLW. Below is a chart showing CLW's trailing twelve month trading history, with the $45 strike highlighted in orange: And Akebia Therapeutics Inc ( AKBA) options are showing a volume of 3,108 contracts thus far today. That number of contracts represents approximately 310,800 underlying shares, working out to a sizeable 47% of AKBA's average daily trading volume over the past month, of 661,130 shares. Especially high volume was seen for the $12.50 strike call option expiring October 19, 2018, with 3,035 contracts trading so far today, representing approximately 303,500 underlying shares of AKBA. Below is a chart showing AKBA's trailing twelve month trading history, with the $12.50 strike highlighted in orange: For the various different available expirations for MAR options, CLW options, or AKBA options, visit StockOptionsChannel.com.
More from Stocks
Dominion Energy Now Has Two Good Things Going For It
It is great to see two or more investment strategies with similar conclusions.
Stocks Tumble on Report China Trade Officials Cut Visit Short
Stocks turn negative after China trade officials cut their visit to the U.S. short, a report says.
Fitbit Talks With Investment Bank About Whether to Pursue a Sale: Report
Reuters reported that the company faces challenges in switching focus to smart watches.
Here's Why Apple's TV+ Could Be a Winner -- It's Playing the Long Game
Apple's aggressive $4.99 price point and one-year free trial mean that TV+ is virtually guaranteed to be in the streaming rotation for many cord-cutters in the short-term, and buys it time to iterate in the long term.