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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in SIGA Technologies Inc (Symbol: SIGA), where a total volume of 2,953 contracts has been traded thus far today, a contract volume which is representative of approximately 295,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 86.3% of SIGA's average daily trading volume over the past month, of 342,080 shares. Especially high volume was seen for the $5 strike call option expiring March 15, 2024, with 1,285 contracts trading so far today, representing approximately 128,500 underlying shares of SIGA. Below is a chart showing SIGA's trailing twelve month trading history, with the $5 strike highlighted in orange:

Packaging Corp of America (Symbol: PKG) saw options trading volume of 5,424 contracts, representing approximately 542,400 underlying shares or approximately 83% of PKG's average daily trading volume over the past month, of 653,345 shares. Particularly high volume was seen for the $175 strike call option expiring March 15, 2024, with 2,562 contracts trading so far today, representing approximately 256,200 underlying shares of PKG. Below is a chart showing PKG's trailing twelve month trading history, with the $175 strike highlighted in orange:

And Enphase Energy Inc. (Symbol: ENPH) options are showing a volume of 30,017 contracts thus far today. That number of contracts represents approximately 3.0 million underlying shares, working out to a sizeable 83% of ENPH's average daily trading volume over the past month, of 3.6 million shares. Particularly high volume was seen for the $130 strike call option expiring March 15, 2024, with 2,202 contracts trading so far today, representing approximately 220,200 underlying shares of ENPH. Below is a chart showing ENPH's trailing twelve month trading history, with the $130 strike highlighted in orange:

For the various different available expirations for SIGA options, PKG options, or ENPH options, visit StockOptionsChannel.com.

Also see:

Funds Holding NPT
AFBI Insider Buying
IRVH YTD Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.