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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in United Rentals Inc (Symbol: URI), where a total volume of 2,660 contracts has been traded thus far today, a contract volume which is representative of approximately 266,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.8% of URI's average daily trading volume over the past month, of 607,480 shares. Especially high volume was seen for the $660 strike call option expiring July 19, 2024, with 215 contracts trading so far today, representing approximately 21,500 underlying shares of URI. Below is a chart showing URI's trailing twelve month trading history, with the $660 strike highlighted in orange:

Arbor Realty Trust Inc (Symbol: ABR) options are showing a volume of 10,976 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 42.9% of ABR's average daily trading volume over the past month, of 2.6 million shares. Particularly high volume was seen for the $12.50 strike put option expiring July 19, 2024, with 2,521 contracts trading so far today, representing approximately 252,100 underlying shares of ABR. Below is a chart showing ABR's trailing twelve month trading history, with the $12.50 strike highlighted in orange:

And Chesapeake Energy Corp. (Symbol: CHK) saw options trading volume of 5,708 contracts, representing approximately 570,800 underlying shares or approximately 42.5% of CHK's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $80 strike put option expiring August 16, 2024, with 5,351 contracts trading so far today, representing approximately 535,100 underlying shares of CHK. Below is a chart showing CHK's trailing twelve month trading history, with the $80 strike highlighted in orange:

For the various different available expirations for URI options, ABR options, or CHK options, visit StockOptionsChannel.com.

Also see:

Leon Cooperman Stock Picks
FXN Average Annual Return
Funds Holding QRE

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