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.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Memorial Day Sale: Join Jim Cramer's Club for Investors and Save
Get 57% off on your membership to Jim's Action Alerts PLUS club for investors.
How a Chinese Restriction on 'Rare Earths' Could Threaten Apple
China is the world's supplier of rare earths. Export restrictions could be bad news for Apple investors.
Amazon Is Headed to $3,000 a Share, Says Bullish Piper Jaffray Note
The firm estimates Amazon will cross $3,000 a share sometime between mid-2021 and mid-2022.
Buy Alibaba Shares on the Dip, Says Stifel, Adding It to Select List
Stifel says long-term trends working in Alibaba's favor are more significant than the trade war between the U.S. and China.